NEWCASTLE (CelebrityAccess) — ASM Global, the company newly formed by the merger of SMG and AEG Facilities announced it has signed on to manage the under-construction arena, conference and exhibition center on Gateshead Quays.
The deal comes as part of a long-term agreement with Ask:PATRIZIA, a joint venture between developer, Ask Real Estate and investment development manager, PATRIZIA which is overseeing the construction on behalf of the Gateshead Council.
When it opens, the 12,500 capacity arena will host music and cultural events, as well as international conferences and exhibitions and will serve as a replacement for the venerable Utilita Arena in Newcastle upon Tyne, which is also operated my ASM Global.
The arena and convention center are part of a larger development that includes an additional 2,800 m2 of flexible meeting space, hotels, bars, restaurants, car parking and extensive areas of public realm.
The wider scheme which will be delivered as part of the overall masterplan will include 6,300m2 of conference and exhibition space together with an additional 2,800 m2 of flexible meeting space, hotels, bars, restaurants, car parking and extensive public spaces.
ASM Global’s appointment as the complex operator will be followed by the development of a detailed design agreement for the entire 10-acre complex followed by a full planning submission in early 2020. It is anticipated that the arena will open by 2023.