Not in my back yard! Sports stadia location and the property market

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DAVIES, L. E. (2005). Not in my back yard! Sports stadia location and the property market. Area, 37 (3), 268-276.

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    Official URL: http://www.blackwell-synergy.com

    Abstract

    In recent years sports stadia have been built in the UK, not only for their intended sporting purpose but with the twin aim of stimulating economic and physical regeneration. However, proposals to locate stadia in urban areas often prompt a negative reaction from local communities, fearing a decline in property prices. This paper will use a case study of the Millennium Stadium in Cardiff and the City of Manchester Stadium to illustrate that in contrast to this widely held belief, sports stadia can actually enhance the value of residential property. Furthermore, it will argue that stadia also contribute indirectly to property value through the creation of pride, confidence and enhanced image of an area.

    Item Type: Article
    Additional Information: The definitive version of this paper is available at www.blackwell-synergy.com © Royal Geographical Society 2005.
    Uncontrolled Keywords: UK, sports stadia, impact, residential property, image, mixed method
    Research Institute, Centre or Group: Urban and Regional Studies
    Sport Industry Research Centre
    Depositing User: Ann Betterton
    Date Deposited: 25 Mar 2009
    Last Modified: 21 Dec 2010 11:30
    URI: http://shura.shu.ac.uk/id/eprint/87

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