Scottish Hydro has pulled off quite a coup today, after plans were announced for Glasgow’s newest cutting-edge events venue. Scottish Hydro managed to secure a 10 year deal where-by the venue shall be named the Scottish Hydro Arena.
Artists impression of the Clydeside Scottish Hydro Arena
Forecasts show that the new 12,000 seat venue should contribute around £131 million a year to Scotland’s economy after it opens its doors in 2013.
The Arena is looking to host around 140 events a year from music to sports, and should hopefully attract over a million visitors, which would make it one of the worlds most attended venues.
In essence Scottish Hydro will be sponsoring the building, to the tune of £1.5 million per year for the next 10 years.
Chief Executive of the SECC has said the arena will host an “unrivalled programme of world-class events” and that “To be partnering with a successful and established FTSE top 30 UK brand with Scottish roots is part of our commitment to working with the best in the business.”
Lets just hope it doesn’t put the bills up !!!
