Link to CCU Home Page
Link to Quick Links
Link to Search Link to CCU Home Page
News Releases -> newsarticles
spacer image
February 10, 2016   
Posted: October 12, 2007
Coastal Educational Foundation terminates arena ground lease

The Coastal Educational Foundationhas terminated the ground lease with Coastal Carolina Arena LLC, developers of a proposed arena that would have been used by the university for basketball games and other events.

The foundation directed its legal counsel to deliver written notice immediately to arena developers.

The foundation, a nonprofit group that supports the university, owns the tract on which developers wanted to build the 7,000-seat arena. In canceling the lease, the group cited the failure of developers to comply with lease requirements, including securing financing and the passage of two dates on which construction was scheduled to begin.

Search Options:
Select Specific Year(s):
2014 2006
2013 2005
2012 2004
2011 2003
2010 2002
2009 2001
2008 2000
View ALL Archived News
Link to CCU Home Page
University Policies | Site Policies | Contact Us
© 2016 Coastal Carolina University | P.O. Box 261954, Conway, SC 29528-6054 | +1 843-347-3161