Developer Parabola has agreed to sell the site, located in Edinburgh Park, to AEG Europe, which is seeking planning approval for an 8,500-capacity arena in Scotland’s capital city of Edinburgh. As part of the planning process, public consultation exhibitions will be held at Edinburgh Park.
Transport links
With unrivalled public transport and motorway access, including two tram stops within an easy walk, two mainline stations, plentiful bus connections and excellent motorway links, AEG says the site in west Edinburgh is extremely well positioned to become home to the new live entertainment venue.
Parabola, developers and site owners of Edinburgh Park, has agreed to sell the site for the new venue to AEG.
Alex Hill, President and CEO of AEG Europe said “AEG is thrilled to announce this spectacular new arena for Edinburgh. It’s a location with immense potential, amplified by Parabola’s transformative development and regeneration of Edinburgh Park.”
A planning application for AEG’s Edinburgh arena will be submitted to the City of Edinburgh Council in the coming weeks.
Timeline
It is anticipated that the matter will then be determined within six months, with work expected to begin in early 2025 and the first live events taking to the stage in 2027.
“This investment will complement all that is on offer at Edinburgh Park and ensure that the arts and culture has an outstanding live performance facility. The new Edinburgh Arena will put west Edinburgh on the map as a new cultural destination,” said Peter Millican OBE, Chairman and Founder of Parabola.
