This paper investigates impacts of three multifunctional sports arenas situated in Berlin-Prenzlauer Berg, Germany, employing highly disaggregated data on land values. The three arenas, their architecture and location within the city were explicitly designed to contribute to revitalisation of...

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,...