Toyota to buy naming rights for Cambridge soccer fieldhouse
A proposed sponsorship deal will see the main building at Cambridge’s new soccer complex named "Toyota Fieldhouse" if city council approves the agreement at Tuesday’s meeting.
According to a report by city staff, Toyota Motor Manufacturing Canada has agreed to pay Cambridge $250,000 in exchange for naming rights for the sports facility at 880 Linden Dr. The proposed agreement has a 10-year term, after which Toyota will have the opportunity to renew under the same terms, plus inflation.
The city will also pay up to $50,000 for associated signage. Any additional signage costs would be the responsibility of Toyota.
Construction of the seven-field soccer complex began in July 2022. Although the city initially hoped to have it open by spring 2023, supply chain issues prolonged construction. The grand opening is now slated for June 15.
Including an increase approved by council in June 2023, the total construction budget is $14.15 million.
The 6,500 sq. ft. fieldhouse at the centre of the complex will have washrooms, change rooms, multi-purpose space, a staff room, and equipment storage.
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