Coliseum

OVG to initiate new arena in Manchester

OVG confirms - South East Aerial

Oak View Group

Oak View Group (OVG), the global venue development, advisory and investment company for the sports and live entertainment industries, has confirmed it will be bringing forward a planning application for a new arena in Manchester – a city world-famous for its music, entertainment, and sporting heritage. OVG will speak about this new engagement during Coliseum Summit EUROPE, March 18-19, at Ascot Racecourse. You can register here: https://www.coliseum-online.com/europe-coliseum-summit-2020/registration/

The new state-of-the-art arena would increase event numbers and attendances in the city and attract new and more diverse events owing to its location, flexible design and ability to utilise the broader Etihad Campus ecosystem. Jobs, skills, education and community initiatives, and a sustainable transport strategy will ensure the entire city benefits from a second arena.

Since August 2019, OVG, with the support of City Football Group, have been undertaking feasibility studies, along with extensive community consultations. This ongoing process is refining proposals that will respond to local priorities and support the growth of East Manchester as a thriving community and world-leading sporting and leisure destination.

Tim Leiweke, co-founder and Chief Executive of Oak View Group, said:

“We came to Manchester knowing that we needed to develop our proposals in a way that would support the needs and priorities of the entire city and deliver a venue that would enable Manchester to thrive in an evolving entertainment market.

“Through extensive community and city centre consultations, we have understood the local priorities and vision that is transforming Eastlands, along with the ambitions that underpin Manchester’s development as a thriving place to live and visit.

“Our new venue would attract a wider range of the world’s most exciting events and create thousands of skilled jobs, genuine community opportunities, and significant economic benefits. It would place Manchester on the global entertainment map for decades to come.

“We appreciate the significance of our proposals for the entire city. We will present our full analysis of the Manchester opportunity along with our plans and are committed to engaging in dialogue and scrutiny throughout the planning process to ensure a second arena is a winwin for the city.”

OVG’s proposals focus on five key elements to bring the vision of a world-class, next generation venue to Manchester:

A local jobs and skills strategy, including an apprenticeship programme, will be activated for the construction phase and to recruit for opening. The new arena would support over 1,000 jobs once it is up-and-running, and 3,500 during the construction phase.

OVG is also committed to establishing a charitable programme for the new arena, which will deliver ongoing benefits to the local community.

An energy-efficient design, low carbon technologies, and waste reduction measures would make it one of the most sustainable venues in the UK, in line with Manchester’s Zero Carbon 2038 strategy.

The site’s public transport links and proximity to national networks will be supported by investment in improved campus-wide cycle facilities and improvements to the main walking and cycling routes into the City Centre.

OVG has committed to the implementation of a controlled residents parking scheme, which has been identified as one of the priorities by residents. Consultations will continue to achieve a plan that meets the needs of residents.

Safety for all visitors will be central to the design of the new venue, with a robust security strategy developed with Greater Manchester Police, Prevent Advisors (OVG’s own pioneering security advisory service), and the existing Campus operations team.

This £350 million investment in Manchester would be entirely privately funded and constructed on the Etihad Campus. It would make Manchester home to the largest arena in the UK and one of the largest in Europe.

OVG plans to submit a planning application in the coming weeks. Subject to successful planning approval, it is envisaged the venue would take three years to build, with the first events planned to be held in 2023.

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