From 1975 to 2003, the building served as a multi-purpose sports arena for professional teams, notably the NBA's Houston Rockets. It was known as The Summit until 1998, when technology firm Compaq bought naming rights and dubbed it Compaq Center. That name was dropped when Toyota Center opened as a new and more advanced professional sports venue in the same city,[3] and the building was leased to Lakewood Church. Seven years later, in 2010, the church bought the building outright.