Hall of Fame Resort & Entertainment Company to Break Ground on the Constellation Center for Excellence on September 17, 2020
September 17 2020 - 8:00AM
Business Wire
- Company will host a virtual ceremony to
commemorate event -
Hall of Fame Resort & Entertainment Company (“HOFV” or the
“Company”) (NASDAQ: HOFV, HOFVW), a resort, entertainment and media
company centered around the power of professional football and
owner of the Hall of Fame Village powered by Johnson Controls in
Canton, Ohio, has announced that construction on Phase II of the
resort will commence on September 17, 2020, with the groundbreaking
of the Constellation Center for Excellence (the “Center”). To
commemorate the event, the Company will host a virtual ceremony,
which can be viewed by using the link below.
Constellation Center for Excellence Groundbreaking Video
“We are very excited to continue the expansion of Phase II of
the Hall of Fame Village powered by Johnson Controls with the
groundbreaking of the Constellation Center for Excellence,” said
Michael Crawford, President and CEO of HOFV. “The Center will be an
innovative hub and interactive environment for companies and
individuals to collaborate and convene in a multitude of ways to
further the sport. We are building a world-class, smart,
sustainable and digital facility where partners can collectively
conduct research focused on helping athletes reach their full
potential while making sports safer overall.”
The Constellation Center for Excellence will be a
75,000-square-foot, mixed-use facility that will include a variety
of sports-centric research and programming, office space and retail
pads. The types of tenants the Center will house include those that
are dedicated to improving the game, player safety and the mind and
body through research and technology. Constellation, an Exelon
company and a leading competitive energy supplier, plans to utilize
the Center to host regional energy conferences and other
customer-focused events.
Mr. Crawford continued, “On behalf of our entire Company, I want
to thank our partner, Constellation, for its support for this
facility. We are thrilled to work alongside the Constellation team
and to create an innovative center that will provide a home for
some of the best technology and brightest minds in the world.”
Constellation, the official energy provider for the Hall of Fame
Village powered by Johnson Controls and the Pro Football Hall of
Fame, provided funding for the Center through its Efficiency Made
Easy® (EME) program. EME will enable HOFV to implement
energy-efficient technology at the Center and other facilities
within the Hall of Fame Village campus without any upfront capital
expense.
“We are very excited that construction on the Constellation
Center for Excellence is underway and are eager to utilize this
facility and our work with a historic organization like the Pro
Football Hall of Fame to showcase our innovative and sustainable
solutions to our customers and industry thought leaders,” said Mark
Huston, President of Constellation’s National Retail Business.
“We’re also pleased that the HOFV is leveraging our Efficiency Made
Easy program to build this facility — and implement other energy
conservation measures across its campus — with sustainability at
the forefront.”
“Now that we have crossed the goal line as it relates to the
groundbreaking on the Constellation Center for Excellence, we look
forward to the next steps of the construction process, which will
include bringing together our partners at Constellation, along with
our construction team and Johnson Controls, to ensure we have the
foundation to deliver a world-class facility that is smart and
sustainable,” said Carol Smith, Senior Vice President - Special
Projects for HOFV. “Upon completion, which is expected to occur
late next year, the Center will be one of the top sports-specific
research and programming centers in the world, and will be another
reason fans are drawn to the Hall of Fame Village powered by
Johnson Controls.”
In addition to the Constellation Center for Excellence, other
projects slated for Phase II include the Center for Performance –
an 135,000-square-foot, state-of-the-art indoor field house and
training facility – an indoor, football-themed waterpark;
additional youth fields; stadium expansions; two premium hotels;
and a retail promenade.
About the Hall of Fame Resort & Entertainment
Company
The Hall of Fame Resort & Entertainment Company (NASDAQ:
HOFV, HOFVW) is a resort and entertainment company leveraging the
power and popularity of professional football and its legendary
players in partnership with the Pro Football Hall of Fame.
Headquartered in Canton, Ohio, the Hall of Fame Resort &
Entertainment Company is the owner of the Hall of Fame Village
powered by Johnson Controls, a multi-use sports, entertainment and
media destination centered around the Pro Football Hall of Fame's
campus. Additional information on the Company can be found at
www.HOFREco.com.
About Constellation
Constellation is a leading competitive retail supplier of power,
natural gas and energy products and services for homes and
businesses across the continental United States. Constellation's
family of retail businesses serves approximately 2 million
residential, public sector and business customers, including
three-fourths of the Fortune 100. Baltimore-based Constellation is
a subsidiary of Exelon Corporation (Nasdaq: EXC), the nation's
leading competitive energy provider, with 2019 revenues of
approximately $34 billion, and more than 31,000 megawatts of owned
capacity comprising one of the nation's cleanest and lowest-cost
power generation fleets. Learn more at www.constellation.com or on
Twitter at @ConstellationEG.
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Media Inquiries Public.Relations@hofreco.com
Investor Inquiries Investor.Relations@hofreco.com
Constellation David.Snyder@constellation.com
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