Plans for a 5,000-seat indoor arena on the former Coatham Bowl site in Redcar have been abandoned following insufficient financial backing. Developers Coatham Arena Ltd had proposed the venue for music and sports events, seeking support from Redcar and Cleveland Council and the Tees Valley Combined Authority. Private investors were not prepared to shoulder the full financial risk during the planning phase without local funding.
The council retains control of the land and may relaunch a tendering process in the future as part of ongoing coastal regeneration efforts. The site previously hosted the Coatham Bowl, later Redcar Bowl, which welcomed major music acts and international darts tournaments before being demolished in 2014 due to declining attendance and structural decline.