Page 99 - 2022 Sustainability Report

COMMUNITY WELL-BEING

Company Secures Naming Rights for Raleigh
Performing Arts Venue

Built in 1932 and renovated in 1990, the Center for the Performing Arts annually hosts more than 400,000 people and generates more
than $35 million for local businesses. Photo by shutterstock.

In a move that both benefits the community and shines a partnerships with our Raleigh community, and, more
literal spotlight on the Company brand, Martin Marietta meaningfully, demonstrate our fidelity to that
has obtained the naming rights for Raleigh’s premier community,” Nye said. “The Center for the Performing
performing arts venue. Now known as the Martin Arts has been one of North Carolina’s premier
Marietta Center for the Performing Arts, the venue performance venues for nearly a century. As this beautiful
hosts more than 600 events annually that draw more than building begins the next chapters of its storied history, we
400,000 visitors and generate more than $35 million in should all be excited that it will bear the Martin Marietta
economic activity for local businesses. name.”

The 20-year agreement was approved by the Raleigh City Built in 1932, the historic performing arts center (long
Council on November 1, 2022. Included in the plan are known as the Duke Energy Center for the Performing Arts)
two 5-year options that may extend the naming was designed to complement the North Carolina State
agreement through 2053. Capitol. It is home to several event spaces capable of
seating between 150 and 2,369 people, and hosts five
Speaking before the City Council in advance of the resident performance companies: Carolina Ballet, North
unanimous vote, Chairman and CEO Ward Nye said the Carolina Theatre, North Carolina Symphony, North
naming rights opportunity was perfectly timed for Martin Carolina Opera and PineCone.
Marietta. “Now is the time for us to broaden our

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