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Stadium Architecture and Urban Development from the Perspective of Urban Economics

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  • GABRIEL AHLFELDT
  • WOLFGANG MAENNIG

Abstract

A range of econometric studies suggest that neither major sports events nor related new stadium construction typically have any appreciable effect on income or employment at municipal scale. However, one important issue has long been ignored in the literature: architectural quality. At present, international stadium architecture is gaining markedly in significance. New stadia are intended to serve as visiting cards for their hometowns and to accelerate urban (re)development. This article discusses the current transition in international stadium architecture and demonstrates important trends, such as the use of iconic elements, by means of selected examples. We provide an overview of the first evidence for the welfare effects of the built environment as well as of expected stadium-related social costs and benefits. The article also reviews the first empirical evidence for the impact of a stadium at neighborhood scale. Unconventional stadium architecture is recommended as a means of either supporting area rehabilitation or amplifying the image and spending effects produced by professional sports. Copyright (c) 2010 The Authors. International Journal of Urban and Regional Research(c) 2010 Joint Editors and Blackwell Publishing Ltd.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal International Journal of Urban and Regional Research.

Volume (Year): 34 (2010)
Issue (Month): 3 (09)
Pages: 629-646

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Handle: RePEc:bla:ijurrs:v:34:y:2010:i:3:p:629-646

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Cited by:
  1. Gabriel M. Ahlfeldt & Alexandra Mastro, 2012. "Valuing iconic design: Frank Lloyd Wright architecture in Oak Park, Illinois," LSE Research Online Documents on Economics 43470, London School of Economics and Political Science, LSE Library.
  2. Gabriel Ahlfeldt & Wolfgang Maennig & Michaela Ölschläger, 2009. "Lifestyles and Preferences for (Public) Goods: Professional Football in Munich," Working Papers 030, Chair for Economic Policy, University of Hamburg.
  3. Gabriel M. Ahlfeldt & Georgios Kavetsos, 2011. "Form or Function? The Impact of New Football Stadia on Property Prices in London," SERC Discussion Papers 0087, Spatial Economics Research Centre, LSE.
  4. Gabriel M. Ahlfeldt, 2010. "Architektur, Ökonomie - Architekturökonomie," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(4), pages 340-355, November.
  5. Wolfgang Maennig & Matthias Ottmann, 2011. "Perspektiven des deutschen Immobilienmarktes und wirtschaftspolitische Herausforderungen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 12(2), pages 192-214, 05.

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