Venue Detail
Grand Rapids Griffins
RSV Pro Facilities Report
March, 2013
Grand Rapids Griffins
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130 W Fulton Grand Rapids, MI 49503 Phone: 616-774-4585 Fax: 616-336-5464 URL: www.griffinshockey.com Owner: David Van Andel & Dan DeVos League: American Hockey League, West Division
Venue
Van Andel Arena, 130 W Fulton, Grand Rapids, MI 49503 Owner: Downtown Development Authority Managed by: SMG Facility Management Built: 1996 Capacity: 10,835 Permanent concession stands: 9 Concessionaire: Savor Suite caterer: Savor Soft drink: Pepsi Cola Beer: Multiple
Ticket prices
Season tickets range from $462 to $1,092 Single tickets range from $14.00 to $32.00
Attendance
2010 average attendance: 7,016 2011 average attendance: 7,241 2012 average attendance: 7,253
Suites
Quantity: 44 Term: 3 to 7 years Price: $30,000 to $35,000 Seats: 12 to 14 Includes: Parking, private entrance, special events, but not tickets.
Club seats
Quantity: 1,800 Term: 1 to 3 years Price: $859 to $859 Includes: Wait staff, first right of refusal for tickets to any event. There is a $500 per seat lease fee per season.
The Grand Rapids/Kent County Convention and Arena Authority agreed to a new lease in 2012 that keeps the Griffins in the building for 10 years and includes three 5-year renewal options.
In exchange for the long-term tenancy, the new lease offers the minor league hockey team some savings over the long run and the opportunity to earn more money from concessions.
The new lease allows one exhibition game or intra-squad game with the Detroit Red Wings, the Griffins’ National Hockey League affiliate. It requires the team to play all exhibition games within 50 miles at the arena and allows for one outdoor game per season.
The new lease calls for the Griffins to pay the arena $9,583 per game if attendance is below 5,000 and $10,266 per game if attendance if above 5,000.
The team will get 15 percent of the first $948,084 in annual concession revenues, 35 percent of the revenue if the annual total is below $1.45 million and 40 percent if total concession revenue is over $1.45 million.
The $75 million arena was built with a combination of private and public monies. The arena opened in October 1996 and hosts the Griffins.
The city takes the parking revenue for the venue while concessions are divided based on attendance. The arena sells the suites and divides the proceeds with itself and the teams. (Facilities, Financial, Ice Hockey, Professional Sports)