The development of sports stadia begins with laying the foundations for success, where effective planning and strategic decisions play a pivotal role. A crucial first phase in this process is construction procurement, where securing the right contractors and resources sets the tone for the entire project. This is followed by the delivery phase, where the execution of the project ensures the stadium meets design, safety and functional standards. Throughout these phases, influencing the project’s "bankability" is key, as financial feasibility and long-term returns significantly impact investor confidence and overall project sustainability.
In this joint article, Slaughter and May and Gardiner & Theobald consider the key success factors for stadium and arena development delivery in the UK market.
