Rocket Mortgage FieldHouse (formerly known as Quicken Loans Arena) is a state-of-the-art sports and entertainment venue located in downtown Cleveland, Ohio. It is the home to the Cleveland Cavaliers of the National Basketball Association and the Cleveland Monsters of the American Hockey League. The arena has been a staple of the city's landscape since it opened in 1994 and has undergone several renovations and upgrades over the years. From hosting major sporting events to world-renowned concerts, Rocket Mortgage FieldHouse has proven to be an integral part of Cleveland's culture and community. Here are some of the positive benefits of this remarkable venue.
Economic Impact:
One of the biggest benefits of Rocket Mortgage FieldHouse is its significant contribution to the local economy. The arena draws in large crowds for various events, bringing in millions of dollars in revenue for the city. According to a study conducted by Cleveland State University, the arena generates an estimated $245 million in economic impact each year. This includes sales from tickets, concessions, restaurants, parking, and other associated businesses in the surrounding area. The arena also creates job opportunities for the local community, with over 1,500 part-time and full-time employees working in different departments such as event management, security, food and beverage, and maintenance.
Improved City Image:
With its modern design and top-notch facilities, Rocket Mortgage FieldHouse has helped elevate Cleveland's image to a whole new level. The arena has hosted some of the most significant sports and entertainment events in the world, including the NBA Finals, NCAA Men's Basketball Tournament, and world-renowned concerts by artists such as Taylor Swift, Justin Timberlake, and Beyoncé. These events bring in a diverse and global audience, shining a positive spotlight on the city and putting it on the map as a premier destination for sports and entertainment.
Enhanced Fan Experience:
Rocket Mortgage FieldHouse is designed with the fan experience in mind, catering to the needs and comfort of attendees. The arena features state-of-the-art audio and visual technology, providing spectators with an immersive experience during events. It also offers a wide range of food and beverage options, including local favorites such as Cleveland-style hot dogs and famous local craft beers. The arena also provides various amenities such as premium seating areas, party suites, and a members-only club lounge, making the experience even more memorable for fans.
Promoting Community Engagement:
In addition to hosting sporting and entertainment events, Rocket Mortgage FieldHouse also has a significant impact on the community through various outreach and philanthropic efforts. The arena has partnered with numerous organizations to support youth and education programs, health initiatives, and community development projects. The arena also hosts fundraising events and donates tickets for charity auctions, supporting various causes and making a positive impact on the community.
Commitment to Sustainability:
In recent years, Rocket Mortgage FieldHouse has also taken significant steps to become more environmentally sustainable. The arena has implemented energy-efficient lighting and HVAC systems, reduced water usage, and installed recycling and composting bins throughout the venue. It has also implemented a waste management program that diverts 83% of its waste from landfills. These efforts not only reduce the environmental impact but also save the arena money in the long run.
In conclusion, Rocket Mortgage FieldHouse brings many notable benefits to the city of Cleveland. It is an economic driver, promoting community engagement, enhancing the fan experience, and improving the city's image. The arena continuously strives to improve and innovate, making it a premier destination for sports and entertainment events. As the arena continues to host major events and invest in the community, it will undoubtedly have a positive impact on Cleveland for years to come.