The XL Center (originally known as the Hartford Civic Center) is a multi-purpose arena and convention center located in downtown Hartford, Connecticut. Owned by the City of Hartford, it is managed by the quasi-public Capital Region Development Authority (CRDA) under a lease with the city and operated by Spectra. In December 2007, the center was renamed when the arena's naming rights were sold to XL Group insurance company in a six-year agreement. The arena is ranked the 28th largest among college basketball arenas. It opened in 1975 as the Hartford Civic Center and was originally located adjacent to Civic Center Mall, which was demolished in 2004. It consists of two facilities: the Veterans Memorial Coliseum and the Exhibition Center.