Avison Young wins Alexander Stadium brief

Consultancy Avison Young has been appointed as property manager for the Alexander Stadium in Birmingham.

The athletics stadium in Perry Barr, which was the centrepiece of the 2022 Commonwealth Games, is also set to become the first UK stadium to host the European Athletics Championships when it comes to the city next year.

A £72 million investment was made to upgrade the stadium for the Commonwealth Games while surrounding infrastructure such as Perry Barr station also underwent improvement work.

The stadium's transformation includes the creation of commercial spaces in the new West Stand, sporting facilities and tenanted areas in the West and East stands.

Email newsletters

BusinessLive is your home for business news from across the West Midlands including Birmingham, the Black Country, Solihull, Coventry and Staffordshire.

Click through here to sign up for our email newsletter and also view the broad range of other bulletins we offer including weekly sector-specific updates.

We will also send out 'Breaking News' emails for any stories which must be seen right away.

LinkedIn

For all the latest stories, views and polls, follow our BusinessLive West Midlands LinkedIn page here.

Last year, Birmingham City University relocated its sport and exercise science campus to the stadium, using its own funding to fit out the spaces.

The move included repurposing the areas beneath the East and West grandstand seating which has now been established as office and teaching spaces.

The development has created two multi-let commercial buildings that stand on their own estate.

Current occupiers in the stadium also include Birchfield Harriers athletics club, Corporate Sporting Events and UK Athletics.

Avison Young has been appointed to provide guidance in establishing an appropriate and transparent management framework that aligns with the characteristics of the complex.

The firm will provide surveying and accounting services to manage landlord and tenant relationships.

Its appointment represents an extension of the work Avison Young is already undertaking for the stadium's owner Birmingham City Council across a range of other commercial assets.

Guy Thompson, principal at Avison Young UK, said: "We are proud to be involved in supporting the legacy of the Commonwealth Games and contributing to the long-term success and evolution of Alexander Stadium.

"This distinctive asset presents an exciting and unconventional challenge. We are committed to maximising the value of the investment and enhancing the stadium's role as a key asset for the city and wider region."

Cllr Mariam Khan, cabinet member for health and social at the city council, added: "Collaborating with Avison Young will be instrumental in enhancing the relationships with our partners based at Alexander Stadium.

"Their expertise in bespoke property management makes them an ideal partner to help us unlock the full potential of the stadium.