Scottish Event Campus submits plans for major expansion
The Scottish Event Campus (SEC) has applied for planning permission in principle for a major expansion of its facilities, with a vision to create a unique global event campus.
The expansion will build on its long-standing success of attracting global conferences, exhibitions and events and comes hot on the heels of the hugely successful development of The SSE Hydro.
The £150-£200m project focuses on developing the west end of the campus and includes a dedicated entrance, additional highly flexible meeting, exhibition and networking spaces, and panoramic views of the city and River Clyde.
It is estimated that in a mature year the new facilities would generate £123m of economic benefit to the Glasgow area, £106m to Scotland and £71m to the UK. This would be in addition to the £400m of impact for Glasgow, £227m for Scotland and £136m for the UK generated annually from the existing facilities.
Billy McFadyen, finance & development director, Scottish Event Campus said: “During the past two decades, Glasgow and the SEC have succeeded in the conference and exhibition market and strong, city-wide partnerships have been instrumental in securing business.
“It is widely recognised that events drive immediate economic benefit of scale for cities and countries. Conferences and exhibitions in particular, provide a catalyst for further long-term economic benefit.
“The focus now is to secure funding support for the project which will be of significant benefit to Glasgow, Scotland and the UK’s economy.
“The SEC currently offers Glasgow and Scotland a solution to stage events of varying sizes. However, competition worldwide is robust and constantly evolving. In order to maintain this level of success we need to invest in our product to ensure we have the best facilities.
“The plans for this expansion will fulfil this and create a truly unique UK Event Campus which will be world class.”
Glasgow Chamber of Commerce chief executive, Stuart Patrick, said: “The Scottish Event Campus constantly secures a stream of major events and is an enormous asset to the city, keeping Glasgow firmly on the world stage.
“In a highly competitive sector, venues must constantly evolve, and this imaginative planned expansion will help ensure the city’s share of the conference and exhibition markets continues to grow.”
The application is the next step following a previous feasibility study which was carried to establish viable options for upgrading and expanding the campus, principally to facilitate further growth in the Conference and Exhibition sectors.
It was also supported by a robust business plan and economic impact study as the rationale for the new facilities.
Published Date: 19/11/2018