Hungary to spend $19 million planning new sports arena for Budapest

9 April 2018

The planning of a new sports stadium to be built in Budapest will cost Hungarian taxpayers HUF 4.723 billion, reports

The 15,000-seat capacity sports stadium (pictured), which reportedly could be expanded to accommodate 55,000, is to be built in the 15-hectare territory purchased by the state in 2014 for HUF 16.5 billion (USD 66 million) as part of Hungary’s bid to host the 2024 Olympics.

Hungary withdrew the bid on March 1st, 2017 after the Momentum Movement collected enough signatures to force a referendum on the question of whether or not Budapest should host the Olympics.

The referendum was never held.

The planning tender has been awarded to a team of planners led by Napur Architect, the planning firm that designed the Duna Aréna stadium built in record time at record cost for Budapest to host the 2017 World Aquatics Championships.

The tender was awarded by the Nonprofit Center for Government Projects of Special Importance (KKBK) on March 29th. Rather than hold an open tender, KKBK invited several select companies to submit proposals for the “complete planning of the Budapest Athletic Stadium within the framework of the Ferenc Kemény Sports facility development program.”