Feyenoord to build €400mn stadium by 2022

Architecture firm OMA presented its feasibility study for Feyenoord City in November last year. Feyenoord hopes to get €135 million from the municipality of Rotterdam for the new stadium, which will have capacity for 63,000 spectators. The Rotterdam team hopes to start using the new football stadium on the Nieuwe Maas in 2022, according to media reports.

The €135 million Feyenoord wants the municipality to invest is part of €400 million needed for the stadium. €60 million will be used for the long-term lease of the land, €35 million for the stadium area’s infrastructure and €40 million for the construction of the stadium itself. Feyenoord will pay part of the rest itself and will raise the remaining money from investors and with loans.

The total cost of the project is estimated at €1.4 billion, €400 million of which for the stadium.

According to the plans, De Kuip will be partly demolished. The section that remains will be turned into a Feyenoord museum. Apartments will be built in the second ring. The new, modern stadium will be built a few hundred meters away. Feyenoord wants to establish a multi-sports center, collaborating with other associations and clubs in the area.

The new stadium is the focus of the plans for the Nieuwe Maas area.

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