The Impacts of the Leeds Arena

Seminar paper from the year 2012 in the subject Business economics - Miscellaneous grade: 10 Leeds Metropolitan University course: Impacts and Risks in Events Management language: English abstract: In 2004's edition of 'Vision for Leeds' local residents and businesses voiced that a development goal for the future should be constructing an arena as it would enable Leeds to attract entertainment events to the area and boost the economy of the city. Hence the city pursued this target (Leeds Initiative 2004). The Leeds Arena is a £80m entertainment venue which is publically funded (Hayman 2010). SMG Europe an internationally leading operator of entertainment venues was selected to become a partner for the arena operations (LCC 2012). In 2013 the 13500 capacity arena will start its operation as an entertainment venue in Yorkshire (SMG Europe 2012). This report focuses on the possible impacts of the new facility and its events for the city of Leeds. This secondary research provides evidence from academic literature that help to evaluate the methods for measuring various impacts and recommend on which should be employed for the Leeds Arena.