Plans for New National Arena Announced

Laugardalur, Reykjavík

A new National Arena for sports will seat 8,600 attendees and be opened to the public in 2027 or 2028. At a press conference yesterday, Minister of Education and Children Ásmundur Einar Daðason announced an open competition for the design and construction of the building, which is to be located in Laugardalur in Reykjavík.

The National Arena will cost an approximate ISK 15 Billion [$110 Million, €100 Million] and will be in 55% ownership of the Icelandic state and 45% by Reykjavík city, reports.

Handball championship dreams

Iceland has a joint bid with Denmark and Norway to host the 2029 or 2031 World Men’s Handball Championship. When asked about the arena’s capacity, Ásmundur said jovially that that he could see the arena being completely packed with people “when Iceland becomes world champion”.

The design competition will be open to teams that include an architect, an engineer and contractors. Qualifying teams will receive funding to prepare a design proposal and a bid in accordance with specs and cost projections.

Football, track and field next

Two other sports-related construction projects are still in the early stages, a National Stadium for football and a National Stadium for track and field. Ásmundur said that the arena was being prioritised as it could be completed more easily and service youth sports and local sport clubs as well.

New National Sporting Arena to be Built in Laugardalur

The Icelandic government and City of Reykjavík have agreed to build a new, national sporting arena in Laugardalur. The arena will fulfill the requirements for international competition in indoor sports and greatly improve the available facilities for schools and sports associations in Laugardalur. Construction is expected to be completed by 2025.

This was announced in a joint press release issued by the Prime Minister’s Office, the Ministry of Education and Children, and the City of Reykjavík.

The state and the City of Reykjavík have agreed to guarantee funding for the arena’s initial costs in their long-term budgets. A full cost estimate will be available after the final design and a feasibility study are both completed. The division of the total project cost will depend on the utilization of the arena and the needs of each party—the state with an eye to the requirements for international competitions that national sports teams compete in, and the city with an eye to the needs of local sports clubs and sports education.

A special committee will be established to oversee the feasibility study and construction preparations, not least how the financing will be handled.

The Icelandic government and City of Reykjavík will hold a joint competition to determine the arena’s design and overall appearance.

Preparations for a national stadium for track-and-field in Laugardalur and a national football stadium will continue. A market survey will be carried out to lay out clear options for how to proceed with the development of the national football stadium.