M&T Bank Center: Naming Rights Secured for Mohawk Harbor Event Center

Core Points - M&T Bank and Galesi Group have formed a partnership to enhance the revitalization of Schenectady's Mohawk Harbor, with M&T Bank securing exclusive naming rights to a new events venue [1][2][3] - The M&T Bank Center is expected to serve as a regional hub for live entertainment and community events, contributing to economic development and tourism in the Capital Region [2][3] - The venue will host Union College's Division 1 hockey programs and is set to open in Summer 2025, further solidifying Mohawk Harbor's status as an entertainment destination [3][4] Company and Industry Summary - M&T Bank's commitment to community growth is highlighted through this multi-year naming rights agreement, reinforcing its role in supporting local development initiatives [3] - The Mohawk Harbor development represents a $650 million investment, featuring luxury apartments, hotels, offices, retail spaces, and the Rivers Casino & Resort, enhancing the area's appeal [4] - The M&T Bank Center will be a significant addition to the mixed-use development, aimed at attracting residents and visitors alike, thereby boosting the local economy [4]