Spring ISD’s new stadium will be named Planet Ford Stadium, according to a Spring ISD June 6 news release.

The $750,000, 10-year contract, which was ceremonially signed at the district’s June 6 board of trustees workshop, will give Randall Reed’s Planet Ford naming rights over both the stadium and community center for the next decade.

“Planet Ford, one of the most successful automotive dealerships in the state, has always been a big supporter of Spring ISD, and I couldn’t be happier that our new stadium will be named after this great organization,” Superintendent Rodney Watson said in a statement.

The new $38.9 million stadium, which will replace the district’s existing stadium, is expected to open this fall and will be located on a 117-acre parcel of land at 23802 Cypresswood Drive, Spring. The project is part of the district’s ongoing $330 million bond program approved by voters in 2016.

Planet Ford Stadium will feature a low-glare turf field, seating for 8,000 fans, a video scoreboard system, concessions throughout and modern press box amenities, according to the news release. The new stadium will also feature a community center named the Randall Reed Center with capacity for up to 300 people as well as the Spring ISD Memorial.

“Planet Ford Stadium will be a beautiful, modern facility that brings our community together for games, concerts and other events,” SISD Board President Rhonda Newhouse said in a statement. “We are excited that the names of Planet Ford and Randall Reed will be part of this experience."

Reed said he and his family have supported a variety of school booster clubs and district events since 1996 and have advertised through SISD’s athletic digital signage in the past. The company has also donated a new vehicle and an all-expenses-paid cruise to educators at the annual SISD employee recognition banquet.

“Giving back to the community is a large part of what Reed Family Enterprises is all about,” Reed said in a statement. “We are pleased to actively support a wide variety of local charities and we’re definitely proud to support Spring ISD.”

The ceremonial signing ceremony included Shawn Burns, Planet Ford general manager and operating partner, Watson, Newhouse and SISD Athletic Director Willie Amendola, according to the news release.

“Randall Reed and his family understand the importance of strong communities and giving back. Now, when fans and families visit our new stadium and community center, they will be reminded of the contributions of Randall Reed and Planet Ford to our community,” Watson said in a statement.

For more information about Planet Ford Stadium, click here.