Opportunity

Aberdeen: The Event Complex Aberdeen (TECA)


Key Sectors: Commercial/office, Retail & leisure, Tourism and hospitality

OVERVIEW

Opened in August 2019, The Event Complex Aberdeen (TECA) is located four miles north west of Aberdeen city centre adjacent to Aberdeen International Airport.

The development is set within 150 acres of landscaped park land with direct access onto the A96 and the new Aberdeen Western Peripheral Route (AWPR) junction at Aberdeen International Airport giving access to the north and south of the city.

TECA is anchored by Aberdeen’s new Exhibition and Conference Centre and two new hotels providing 350 bedrooms – Hilton Aberdeen TECA and Scotland’s first Aloft by Marriot. There is also permission for a third hotel within the complex.

The site provides Aberdeen with state-of-the-art exhibition and conference facilities capable of underwriting the city as Europe’s energy capital and represents an initial Phase 1 investment of over £300million.

The site is complemented by 60,000m² of new Grade A business space powered by an energy centre located within the site.

CURRENT STATUS

TECA has been developed by Aberdeen City Council along with partner HBD and is a key element of £560million investment in infrastructure by Aberdeen City Council to grow and bolster the local, Scottish and UK economies.

The first phase of TECA commenced in 2016 with the building of Aberdeen’s
new exhibition and conference centre, two hotels and onsite energy centre
with completion in 2019

The new facility will anchor existing international events and compete nationally and internationally for new events, as well as broadening the appeal of the north-east to a global audience. It includes a 9,000m² arena capable of accommodating 12,500 seated with a further 6,000m² of additional flexible exhibition space.

A further 31,000m² of subterranean space is available for major conferences and exhibitions along with VIP boxes, full dining and banqueting facilities and over 2,000 onsite car parking spaces.

TECA provides further development opportunities across the site with planning permission in principle in place for over 60,000m² of flexible grade A office accommodation split into a series of distinctive zones within the wider development within easy reach of the strategic road network, railway station at Dyce and Aberdeen International Airport.

INVESTMENT SOUGHT

The Council and its development partner HBD are seeking to actively engage with interested parties seeking to invest, occupy and purchase the commercial/business space within the wider TECA development.

CONTACT

Invest Aberdeen
E: enquiries@investaberdeen.co.uk
T: +44 (0) 1224 522940 / @Invest_Aberdeen

QUICK FACTS

Adjacent to new 12,500 seat Arena and exhibition and conference space

Phase 1 development of over £300 million

4.5 million visitors, £113 million of visitor spend and £63 million net GVA

to the Scottish economy over 10 years

Planning permission in Principle for over 60,000m² of office space

Close proximity to Airport, railway station and strategic road network

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