Responding to the announcement of the winning design for Bristol Arena, Jeremy Richards, head of the Bristol office of leading property consultancy JLL, said:
“Bristol Arena is set to act as a major catalyst for increased inward investment in the city, not least in the Bristol Temple Quarter Enterprise Zone, one of the UK’s largest regeneration projects, of which the arena is a key part. We’ve seen the significant benefits this ‘arena effect’ can bring in other regional cities such as Glasgow and Leeds, which saw a boost in investor interest as a result of the opening of their respective arenas in 2013.
“Recent industry rankings showed that Glasgow’s SSE Hydro venue is the world’s second-busiest live entertainment arena and it has hosted major events such as BBC Sports Personality of the Year in 2014 and the 2014 MTV European Music Awards. The ability to host high-profile events such as these will cement Bristol’s place on the global map, highlighting its offering to investors around the world.”
