New Bristol City stadium to impact local area

According to This is Bristol, a new stadium at Ashton Vale would mean GBP 13 million per year for twenty years for the local economy.

The club appointed a experts Price Waterhouse Coopers to research the potential economic impact on the local area, and the results showed a boost of GBP 260 million after two decades.

Local councilors will meet to review Bristol City Football Club’s proposal for a new stadium tonight so that they can decide whether or not to allow planning to continue. The Secretary of State will hold the deciding vote.

Colin Sexstone, club chief executive, is in communication with both the Bristol City Council and the South West Regional Development Agency regarding the economic impact report.

Sexstone estimates that the construction of the stadium would require an investment of GBP 90 million, and would create over 4,000 jobs. The report also highlights that 360 on site jobs, about GBP 10 million worth, would be created on the site.
 
There would also be a increase in hotel and tourism businesses in the area, which can also be used for major concerts and events.
 
The new stadium would also be available for the local community’s use at no cost.