Featured Image: AEG Europe
Live sports and entertainment provider AEG Europe has had an application to build an 8,500-capacity arena at Edinburgh Park recommended for approval by planning officials.
AEG submitted the planning application to the City of Edinburgh Council earlier this year.
The facility will span 18,500 square metres, helping to revitalise scrubland and regenerate the Edinburgh Park area alongside developer Parabola.
An external assessment by Savills concluded that the project is estimated to bring in roughly £520m (€611m/$665m) per annum in gross value added to the Scottish capital’s economy. The venue is expected to draw in more than 700,000 visitors every year.
“We’re delighted that the proposals for a new Arena in Edinburgh are recommended for approval and we look forward to presenting the facts about the proposals at committee and answering any questions elected members may have,” said Alistair Wood, executive vice-president, real estate and development at AEG Europe.
“This reflects months of consultation and discussion with the public and key stakeholders prior to the application being submitted and a positive ongoing dialogue with all throughout the application process. This is the most sustainable site available and we’re determined to enhance Edinburgh as a venue for live music and other events. We are hopeful the Planning Committee will support the officers’ recommendations.”
Edinburgh is gearing up to host the first of three concerts from Taylor Swift tonight (Friday) at Murrayfield Stadium.
The singer is set to break attendance records, after Edinburgh Council granted organisers permission to increase Murrayfield’s capacity from 67,130 to 72,990.
Former One Direction member Harry Styles holds the current record for the venue, after performing to just under 70,000 last year.
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