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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.

Suggested Citation

  • Gabriel Ahlfeldt & Wolfgang Maennig, 2010. "Stadium Architecture and Urban Development from the Perspective of Urban Economics," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 34(3), pages 629-646, September.
  • Handle: RePEc:bla:ijurrs:v:34:y:2010:i:3:p:629-646
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    Cited by:

    1. Brad R. Humphreys & Adam Nowak, 2015. "Professional Sports Facilities, Teams and Property Values: Evidence from Seattle's Key Arena," Working Papers 15-06, Department of Economics, West Virginia University.
    2. Rasa Apanavičienė & Ala Daugėlienė & Tautvydas Baltramonaitis & Vida Maliene, 2015. "Sustainability Aspects of Real Estate Development: Lithuanian Case Study of Sports and Entertainment Arenas," Sustainability, MDPI, Open Access Journal, vol. 7(6), pages 1-26, May.
    3. Ahlfeldt, Gabriel M. & Georgios, Kavetsos, 2010. "Form or Function? The Impact of New Football Stadia on Property Prices in London," MPRA Paper 25003, University Library of Munich, Germany.
    4. Gabriel M. Ahlfeldt & Georgios Kavetsos, 2014. "Form or function?: the effect of new sports stadia on property prices in London," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 177(1), pages 169-190, January.
    5. Gabriel Ahlfeldt & Alexandra Mastro, 2012. "Valuing Iconic Design: Frank Lloyd Wright Architecture in Oak Park, Illinois," Housing Studies, Taylor & Francis Journals, vol. 27(8), pages 1079-1099, November.
    6. Wolfgang Maennig & Matthias Ottmann, 2011. "Perspektiven des deutschen Immobilienmarktes und wirtschaftspolitische Herausforderungen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 12(2), pages 192-214, May.
    7. Gabriel M. Ahlfeldt & Georgios Kavetsos, 2013. "Should I wish on a stadium? Measuring the average effect on the treated," Chapters,in: The Econometrics of Sport, chapter 11, pages 189-201 Edward Elgar Publishing.
    8. 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.
    9. Gabriel M. Ahlfeldt, 2010. "Architektur, Ökonomie - Architekturökonomie," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(4), pages 340-355, November.

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