The global sports operator becomes OVG's equal joint venture partner in Co-op Live, alongside Harry Styles who has taken a minority stake
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Amid the COP26 climate summit, OVG says it is taking its "responsibility in creating a greener world seriously" with east Manchester project
By James Hanley on 01 Nov 2021
Oak View Group’s new east Manchester development Co-op Live will become the UK’s first all-electric arena when it opens in 2023.
Against the backdrop of the COP26 climate summit, OVG says the venue has been designed “with sustainability at its core”, and will use electricity for everything from air-source heat pumps for heating and domestic hot water through to cooling and catering, without any gas supply serving the site.
The company adds that the current design achieves over 50% reduction in energy usage compared to a similar arenas, largely due to moving away from using gas boilers. Rooftop solar panels will be used to power day-to-day activity, with green electricity from the grid topping up capacity for events. The avoidance of on-site fuel burning, meanwhile, will significantly improve air quality.
“Climate change is the single largest problem facing the planet today and we take our responsibility in creating a greener world seriously,” says Mark Donnelly, COO, OVG International.
The design will enable a 23% reduction in carbon emissions and, by building electric-based infrastructure from the very beginning, the arena will be on track towards achieving net zero carbon by Manchester City Council’s 2038 target.
We are building a planet-friendly venue as well as one capable of hosting the world’s best events
“In Co-op Live, we are building a planet-friendly venue as well as one capable of hosting the world’s best events,” adds Donnelly. “I’m proud that it’s going to be the UK’s first all-electric arena and we’re also implementing a range of other features including solar panels, rainwater harvesting, and extensive green spaces to make sure it’s the UK’s most sustainable.”
It was confirmed last year that Harry Styles has made an investment in the the 23,500-capacity venue, which will be built on the Etihad Campus, the site of Manchester City FC’s Etihad Stadium in Eastlands.
Co-op Live will be the UK’s biggest arena and is around one year into its build phase. The project will inject £350 million of private investment into the local area.
Similar to how Battersea Power Station has been reinvented in London, OVG predicts that Co-op Live will serve as “an iconic landmark for the transformation and reimagination of post-industrial urban landscapes in the north”, upon completion.
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