THE OPERATOR of the 21,000-capacity Manchester Arena, ASM Global, has submitted objections to Manchester City Council in response to the Oak View Group (OVG) planning application for a new 23,500-capacity arena in the city.
ASM said OVG’s application was “predicated on flawed economic analysis” and its assertion there is demand for two large Manchester arenas “simply isn’t supported by market data”.
The Los Angeles-headquartered company appointed consultancy firm Charles River Associates to research OVG’s planning application and that resulted in the suggestion that the application “relied on evidence that failed to consider the full picture in Manchester”.
ASM’s objections have been backed by other companies with interests in Manchester, including DTZ Investors – the landlord for the 6,000-capacity Printworks venue in the city, which believe the new arena will negatively impact the Manchester Arena and other city centre businesses.
If it wins council approval, the OVG-owned venue would open in 2023 at a cost of £350 million. Located next to Manchester City football club’s Etihad Stadium (cap. 63,000), it would become the UK’s largest arena.