Plans were confirmed today, for the latest state-of-the-art addition to Scotland’s entertainment venue line-up. A 12,000 seat, arena style venue shall sit on the Clydeside along with the existing SECC and Clyde Auditorium.
The energy company Scottish Hydro have purchased the naming rights for the venue, which will open in early 2013 as the Scottish Hydro Arena. The deal is believed to be £1.5 million per annum for the next 10 years.
The new arena has been designed by award winning architect Sir Norman Foster of Foster & Partners Architects. And if initial reports are to be believed, the venue is going be living up to some ambitious plans, as management intend for it to hold around 140 major events a year ranging from sport to music.
Chief Executive of Scottish and Southern Energy Ian Marchant certainly seems proud of the deal stating “The Scottish Hydro Arena is a significant investment for us and shows the strength of our commitment to Scotland….. This exciting partnership will enable us to provide an array of attractive benefits to our customers and staff right across the country, bringing an entertainment experience to Glasgow we are all very proud of.”
If the figures shown at the moment are to be believed then the venue could be fantastic for Scotland. Forecasts are claiming the venue should bring approximately 1 million visitors generating £131 million a year for the Scottish economy.
Keep up-to-date with the plans online at http://www.hydro.co.uk/
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