DEC 00] COVENTRY CITY
Sky Blues 'Arena 2003' To Cost £172m
City’s new stadium has been expanded to include banqueting
facilities, will now cost £172 million and will not be ready
for football until the 2003/4 season.
HOW IT SHOULD
LOOK ONCE IT IS BUILT, AND WHAT THE SITE LOOKED LIKE AT THE
NEC Group, which runs the Birmingham NEC, is to be involved with the
scheme and has increased the range of facilities to include
conferencing, banqueting, exhibitions, concerts and large scale
had been feared that the group would instead build their own
stadium near the current NEC.
of the potential for the costs of the project to get out of
control, in the same way that the Millennium Dome and Wembley
Stadium developments have, bosses have warned they are taking
their time before any work will start.
£10 million has already been spent on de-contaminating the land
on the former Foleshill gasworks site.
total cost is now expected to be £172 million, of which £60
million will be spent on the arena itself.
director Stuart Guest said a great deal of attention has been
paid to the technical details to make sure that the scheme is
what the club needs and can afford.
a statement issued today he repeats that the club “cannot
afford” to get it wrong.
result has been that the club now knows that it can have a
multi-purpose stadium with a retractable pitch and roof built
they way it wants.
plan is for it to be used all year for a variety of sporting
events and entertainment.
so far have encountered have included finding a new home for the
Hodgkins family, who have lived by one of the gas-holders for
years. They are being moved and the final gas-holder will be
blown up in May 2001.
have also been some problems with getting the land required for
the project. But Coventry City Council, which is backing the
scheme has pledged to use its powers to issue compulsory
purchase orders should there be any obstructions.
on building the arena is expected to start next summer, and be
ready in time for the 2003/4 season.
problems of balancing architectural dreams with the reality of
building costs, commercial returns and funding are well known.
Millennium Dome and the proposed new Wembley Stadium are two
recent examples of how large and complex building projects can
spiral out of control without firm and realistic planning and
2001 is a complex and very expensive project - it is unique in
Britain and we need to get it right before we can safely start
on the building work.
the arena is unique we must be able to agree with the builders
a maximum fixed price contract for the Arena.
all the other important developments going on in the north of
Coventry, the Arena in the Heart of England project must be
successful - we cannot afford to get it wrong.
The financial and regeneration implications are too
an important exercise is of course time consuming and this is
particularly frustrating when set against the great enthusiasm
that exists in Coventry for the project to be built.
we are doing in Coventry is unique and will significantly
change the image of Coventry and the West Midlands for the
future. Be assured that there is an enormous energy and
activity going on to drive the project forward.
know what needs to be done and we are doing it.
Claverdon, Chief Executive of The NEC Group said today:
are delighted to be working very closely with the Arena 2000
team to ensure that our extensive venue management experience
helps to develop and operate a sports and business facility
that will become a venue of national importance."
[15 DEC 00] COVENTRY CITY
ARENA STATEMENT IN FULL
[15 DEC 00] COMMENT
YOUR BREATH FOR NEW STADIUM
[07 DEC 00] SKY BLUES
STADIUM FACES NEW THREAT