BMX skate park expected to bring £2.8 million of new economic activity to the area

World’s largest underground skate park opens in Hastings next week

The Source BMX skate park is opening next week in Hastings. It is set to be the world’s largest underground skate park and is expected to bring £2.8 million of new economic activity to the area.

As regular BikeBiz readers may recall, the project is using the site of a former Victorian swimming bath complex. SourceBMX – owned by brothers Rich and Marc Moore – is the company behind the project, which is expected to turn Hastings into a worldwide centre for BMX events.

The BMX skate park will bring new job opportunities, more young people and worldwide attention to Hastings – with a number of global BMX events expected to take place in the venue. Previously a town known for high levels of unemployment in the UK, Hastings is now reviving – with entrepreneurs proving the driving force behind the regeneration of seaside towns.

“Once a symbol of the plight of British seaside towns, Hastings is turning a corner," said Matt Smith, director of the Centre for Entrepreneurs think tank. "The Source BMX skate park – expected to bring £2.8 million of new economic activity to the area – is an example of how a new generation of entrepreneurs are rejuvenating seaside towns.

“As our ‘From ebb to flow’ report shows, entrepreneurship in seaside towns is driving new ideas, investment and jobs – and helping to bring young people into those areas. Seaside towns, such as Hastings, must therefore nurture local entrepreneurs and attract new enterprises if they are to prosper.”

www.sourcebmx.com

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