The University of Houston and the family of a late donor for whom the campus basketball arena is named have reached an agreement that will allow the university to offer naming rights for a planned new sports venue, reports the Houston Chronicle.
Hofheinz Pavilion was named for Roy Hofheinz, a former Houston mayor and prominent judge, after he gave $1.5 million in 1969 toward construction. His heirs filed suit in May after the university sought to dissolve the original naming agreement. Under an accord announced Tuesday, the university will be able to offer naming rights for the new arena for $20 million. Construction is scheduled to begin next year.
Among other gestures of recognition, the university will build a plaza with a bronze statue of Mr. Hofheinz near the arena and ask Houston officials to name a street next to the new building for him. "We know our father would want the athletic program at the University of Houston to prosper,” said Fred Hofheinz, the late donor’s son and another former mayor of the city. "So we know he would support this move."