Co-Op Live is set to become the biggest indoor arena in the UK with a capacity for 23,500 people when it opens in 2023.The Oak View Group, the US firm behind it, has appointed Salfordbased BAM Construct UK to build the &#39;world class&#39; arena on the banks of the Ashton Canal.It is hoped that the &pound;350m project will create hundreds of jobs, giving a boost to the local economy as it recovers from the impacts of the Covid pandemic.With work well under way, the development is expected to be completed in 2023.<img src="https://cdn.magzter.com/1583747695/1644113460/articles/0Ayf0IpcS1644132193128/wQ_aUYhheQ1644131269943.jpg" />Bosses say Co-op Live will host everything from live music to sports events, comedy gigs to award shows and family entertainment.The stadium has been designed to benefit both people and the planet&#39; and will be sustainably powered, climate conditioned and even has its own rainwater usage system.Manchester City have joined former One Direction singer Harry Styles by investing in the arena.City Football Group (CFG) has become the equal joint venture partner of Oak View Group (OVG) and an investor in Co-op Live, alongside Styles, who has a minority stake in the venue.The arena is set to create 1,000 jobs once fully operational.

New arena begins to rise

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.