AEG Facilities signs agreement for major Moscow Sports and Entertainment Arena as part of extensive sports, entertainment, hotel and retail complex

by laliveinsider on Thu., Apr 12 at 06:30 AM

Moscow/London, Thursday 12 April, 2012 - AEG Facilities, the world's premier international sports, entertainment and venue organization, and Russia's ZAO Rusinkom today announced they have signed a long-term, multi-year exclusive agreement in which AEG Facilities will provide the Russian development company with consultation for pre-opening design and venue operations for the sports, concert and entertainment arena complex planned as part of the 'Galactica Park' Moscow development.

AEG will provide consultation services for the design, development and operations of the planned 20,000 seated capacity multi-use arena, which will host concert, professional hockey and other sports events, family shows, conferences and exhibitions. Under the agreement, AEG Facilities will provide significant expertise from their new arena developments throughout Europe including The O2 in London and O2 World Berlin. AEG will support Galactica Park arena operations through AEG's professional and comprehensive venue services which will include identifying naming rights and sponsorship opportunities, development of ticketing, venue programming and marketing initiatives, sales of VIP suites, arena management and operational support.

Scheduled to open in 2018, Galactica Park will be the home to attractions which include a 150,000 square meter indoor Universal Studios theme park, an indoor Universal Studios water park, Universal CityWalk dining, shopping and entertainment complex, two hotels with 1100 room capacity, 250 meter-tall office towers, a 120,000 square meter retail shopping complex and four levels of underground parking. The development will be also serviced by metro and bus stations. Galactica Park will be conveniently located at the intersection of the MKAD Ring Road and Varshavskoye Shosse in the south section of Moscow.

AEG and ZAO Rusinkom are working with a number of international arena architects to design what will become one of the world's major international entertainment destinations.

\"We are excited to be working with ZAO Rusinkom on this iconic project,\" said Bob Newman, President, AEG Facilities. \"We firmly believe in the great potential of Moscow's dynamic marketplace, and look forward to supporting many years of success at Galactica Park.\"

Brian Kabatznick, AEG Facilities European Vice President of Business Development, added: \"AEG has targeted Moscow as the most significant market in Europe to develop new facilities and increase entertainment events. The new Galactica Park development will ensure that Moscow is at the forefront of a unique destination similar to those in Los Angeles and London.\"

\"This project is a unique combination of the local market expertise and experience from a Russian real estate developer and the latest entertainment industry know-how from our global partners,\" said Sait Gutseriev, head of the management company. \"We will work together to create a world class experience and premium arena facilities for live shows and sport events, which is currently unavailable in Russia.\"

For Galactica Park inquiries email: [email protected]

AEG Contacts

Michael Roth, AEG
(213) 742-7155 or [email protected]

Alison Groendal Salcedo, AEG Facilities
(310) 630-2032 or [email protected]

Cassandra Zebisch, AEG
(213) 763-7712 or [email protected]

About AEG Facilities

AEG, a wholly owned subsidiary of the Anschutz Company, is the leading sports, entertainment and venue operator in the world. AEG Facilities, a stand-alone affiliate of AEG, owns, operates or consults with 100 of the industry's preeminent venues worldwide, across five continents, and works in concert with affiliated AEG entities, including live event producer, AEG Live, AEG Global Partnerships and AEG Development to support the success of AEG venues across the globe. AEG owns, operates or provides services to venues including STAPLES Center (Los Angeles, Calif.), The Home Depot Center (Carson, Calif.), Nokia Theatre L.A. LIVE (Los Angeles, Calif.), Citizens Business Bank Arena (Ontario, Calif.), Valley View Casino Center (San Diego, Calif.) Sprint Center (Kansas City, Mo.), XL Center (Hartford, Conn.), The Rose Garden (Portland, Ore.), KeyArena (Seattle, Wash.), KFC YUM! Center (Louisville, Ky.), AmericanAirlines Arena (Miami, Fla.), AT&T Center (San Antonio, Texas), Time Warner Cable Arena (Charlotte, N.C.), Prudential Center (Newark, N.J.), Target Center (Minneapolis, Minn.), Mercedes-Benz Arena (Shanghai, China), MasterCard Center (Beijing, China), The O2 Arena (London, England), O2 World (Berlin, Germany), O2 World Hamburg (Hamburg, Germany), Ahoy Arena (Rotterdam, Netherlands), Pernambuco Stadium (Recife, Brazil), Allphones Arena (Sydney, Australia), Ericsson Globe Arena (Stockholm, Sweden) and the Qatar National Convention Centre (Doha, Qatar). For more information, please visit www.aegworldwide.com.

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