Kirby Lee-USA TODAY Sports

The Clippers, who will break ground on Friday on the construction of their new Inglewood arena, announced in a press release that the building has a naming right sponsor. The franchise has partnered with Intuit Inc., a technology platform that specializes in financial software, and the new arena will be called the Intuit Dome.

The Clippers currently share the Staples Center in downtown Los Angeles with both the Lakers and the NHL’s Los Angeles Kings, but the organization has been working for years to establish its own home in nearby Inglewood.

The new building, which will be privately funded and will cost an estimated $1.8 billion to build, is currently on track to open for the 2024-25 season. It will include the team’s practice facility and offices for business and basketball operations.

As Tim Reynolds of The Associated Press details, Clippers owner Steve Ballmer believes the arena will be like no other building in the NBA, calling it a “basketball mecca.” It will feature a halo video screen over the court that features 44,000 square feet of LED lighting, making it about six times the size of most other big screens in NBA arena, Reynolds writes.

The Clippers have launched a new section of their website dedicated to the arena, releasing a hype video that shows what both the inside and outside of the building will look like (images via Tomer Azarly of Clutch Points).

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