The new arena in downtown Detroit now has a name.

It's going to be called Little Caesars Arena.

The arena is taking shape in the north end of the downtown district.

Little Caesars Arena will also host concerts and other events.

The building will have five restaurants, seven clubs, and a concourse area three times the size of the space at Joe Louis Arena.

The Little Caesars logo will grace the roof of the arena which will be able to seat 20,000.

The Red Wings are schedule to move there in the fall of next year.