Business

Prospera Place naming rights extended

RG Properties Ltd. and Prospera Credit Union have agreed on a five-year renewal contract for the naming rights to Prospera Place in Kelowna.

The extension will retain the facility's Prospera Place name through January 2019. The facility was opened in 1999 under a partnership deal between the City of Kelowna and RG Properties.

“Prospera Place has become synonymous with the City of Kelowna,” said Graham Lee, owner of RG Properties LTD.  “We have a great partnership with Prospera Credit Union and appreciate their support of, and reach into the community.   We are very pleased to be extending our agreement, and look forward to great outcomes over the next five years.”

Prospera Credit Union has held the naming rights to the arena since 2003.

“In 2003, our Prospera team was very excited to extend our credit union operations to serve the Okanagan community,” said Prospera’s president and CEO Bruce Howell. “In the decade since, we have put down roots, built strong relationships and expanded operations to serve members through four branches. Supporting the local community is important to us as a co-operative and we’re thrilled to continue our arena partnership.”

During the 11 years the facility has been known as Prospera Place the arena has enjoyed tremendous success. Home to the Western Hockey League’s (WHL) Kelowna Rockets, Prospera Place played host to the 2004 Memorial Cup and has hosted three WHL Championships (2003, 2005 and 2009).  It should also be noted that the recent 2014 Olympic Gold medal team included four former members of the Kelowna Rockets playing at Prospera and supported by the Kelowna community.

Other highlights over the last 11 years include:

•    World Junior Hockey Championships in 2005

•    WHL Top Prospects Game in 2012

•    Grand Slam of Curling in 2012

 

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