wjhall wrote: ↑16 Apr 2021, 7:45pm
If the arena was low risk, then the entertainment industry should have been left to make its own arrangements.
I'm simply referencing the KPMG vfm report for that. Low risk does not necessarily mean privately profitable and public returns are wider than direct money (else why publicly fund anything?)
Such things have always needed public impetus, as every other such venue in the country has done, in this case as there are few suitable central locations and they're all owned by the councilm and, in the case of the engine shed, is contaminated. No private developer was ever going to touch that with a barge pole without someone else cleaning it up whatever it is to be.
Swinging this faintly back on topic, the alternative filton site is highly car dependent (and taking its own £100m of publicly funded infrastructure) and the main route for a substantial part of the city's population would be up the cycling disaster zone that is Gloucester rd. A few advanced greens up there might help a little, but would remain fiddling around the edges on a road that really needs an overhaul.