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The roof was set on in December, as work continued inside, with a peak workforce of 650.
In September 2003, a ribbon-cutting ceremony was held to mark the official opening of the arena.
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The total costs were $235 million, with the city of Houston paying the majority, and the Rockets paying for enhancements. However, the city of Houston filed a counterclaim to force the Rockets to stay at the Summit, saying that if the Rockets did not honor their contract, then they might "have no incentive to honor any new agreement with the city of Houston to play in a new downtown sports arena".
However, after the National Hockey League decided not to consider Houston as a location for an expansion team because of the indecision over the new arena, Lanier said that he would not have a referendum in November.
It has 103 luxury suites and 2,900 club seats (Sections 105-109, Rockets Club West; Sections 118-122, Rockets Club East).
However, he was denied by arena owner Chuck Watson, then-owner of the Aeros, who also wanted control of a new arena.
The two sides agreed to equal control over an arena in a deal signed in 1997, but the proposal was rejected by city voters in a 1999 referendum.