No: No: No!
Never, Ever name a perpetual structure after a living person!
(That being said, way too many structures are named after
bozos in Congress that greased the skids, or who needed to be remembered by their subjects.
Bad Karma to assume that you are the greatest!!!!
In a Republic, yes. We have way too many things named after politicians and others who don’t deserve it.
But, one of the useful functions of a Constitutional Monarchy is that you can name things after the Royal Family, not politicians.
http://en.wikipedia.org/wiki/List_of_places_named_after_Queen_Victoria
http://en.wikipedia.org/wiki/List_of_things_named_for_Queen_Elizabeth_II