A REPORT for a new 5,000 capacity events arena has been submitted by developers to Redcar and Cleveland Council.

The plan has been submitted by Coatham Arena Limited for a £67.5million arena in the former Redcar Bowl site which has stood empty for the past seven years.

The new Coatham Arena, which could be ready to open in 2024, would host an all-year programme of entertainment, sporting, conference, exhibition and social events attracting visitors to the town and employing hundreds of local people.

The scheme, which has been endorsed by leading performers, promoters and politicians is regarded as a catalyst for the regeneration of the area.

Read more: Man jailed for online racist abuse of Boro footballer Yannick Bolasie

The business plan addresses all site, technical, operational and financial issues. It references other arena buildings in the UK and overseas, indicating successful models and how the Coatham Arena sits within the available site.

The Mott Macdonald Group, and specialist management advisors, Destination Developments, have produced an innovative interior design providing flexibility capable of offering various capacities for different types of events.

The plan also considers all environmental, transport and accessibility concerns, servicing arrangements and how the project meets all national, regional and local policy requirements. A build programme is included together with project costs, financing and management details.

Detailed plans are to be drawn up and a formal planning application made after the Council confirms that the site is available.

Keep up to date with all the latest news on our website, or follow us on Facebook, Twitter and Instagram.

You can also follow our dedicated Teesside Facebook page for all the latest in the area by clicking here.

For all the top news updates from right across the region straight to your inbox, sign up to our newsletter here.

Have you got a story for us? Contact our newsdesk on newsdesk@nne.co.uk or contact 01325 505054