New national stadium planned in Iceland

Published 16 March 2024
- By Editorial Staff
The stadium is expected to cost around 15 billion Icelandic kroner (around €100 million).

Iceland is planning to build a new national stadium with a capacity of 8600 spectators. The goal is to host the Men’s Handball World Championship in 2029 or 2031.

The stadium is expected to open to the public in 2027 or 2028, but it is not yet clear what it will look like. Therefore, an open competition for the design and construction of the building has been organized. The design competition is open to teams consisting of an architect, an engineer, and contractors. Qualified teams will also receive funding to prepare a design proposal and tender in accordance with cost projections, reports Icelandic Review.

The building, which will be located in Laugardalur in Reykjavík, is estimated to cost about 15 billion Icelandic kronur, or about €100 million. It will be owned 55% by the Icelandic government and 45% by the City of Reykjavík.

Together with Denmark and Norway, Iceland has applied to host the men’s handball world championship in 2029 or 2031, which would be held at the new stadium.

There are also plans to build a football stadium and an athletics stadium, but the focus will be on the national stadium as it will be easier to complete and will also benefit youth sports and local sports clubs.

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