THE WINNER of the bid to build Bristol’s first arena has finally applied for planning permission to build a 17,000-capacity venue, with completion scheduled for 2023.
Malaysian developer YTL beat an 11th-hour attempt by a consortium comprising promoter Harvey Goldsmith, US arena investor Oak View Group and local businessman Stephen Fear to construct a 12,000-capacity venue on a city centre site.
The new development has been given a clear run by the city’s mayor Marvin Rees, who also rejected a third proposal, which would have been operated by SMG (now ASM Global) and Live Nation Entertainment.
“A recent survey [of local people] showed 96.4 per cent in full support o[ our development and 99.9 per cent just wanting an arena in Bristol to be proud of,” says YTL’s UK MD Andrew Billingham, who confirms the project will be 100 per cent funded by private finance.
“We’ll create an entertainment destination for the South West of England that puts Bristol on the world stage.”
The development is subject to planning permission being granted by the city authority.