FK Austria Wien will open its new Generali Arena in the summer of 2018, delegates at the ESSMA Summit in Lyon were told.
Building work on the new venue in Vienna began last year and is expected to take two years to complete.
Alexander Munda, marketing manager for FK Austria Wien said the west and north stands had been completely reconstructed and the stadium’s capacity is being increased from 12,500 to 17,500. The new stadium will be able to hold 15,000 spectators for international matches.
The north stand will hold 4,100 spectators and include 28 VIP boxes, two sky boxes and two boxes for dignitaries. It will have an underground car park for 370 VIPs.
The east stand will hold 5,050 spectators and house the fan shop, museum and a restaurant.
The west stand will seat 5,600 spectators, while the south stand will take 2,750 spectators and will also be host to two TV studios, the press area, as well as the team dressing areas. It will include 10 VIP boxes.
The UEFA category 4 stadium is expected to cost €42 million to build. This would be refinanced over 20 years with €22 million coming from match day revenues, €12 million from FK Austria Wien, €12.4 million from sponsorship, €1.78 million from crowd-funding, from €4.5 million from UEFA and €1.8 million in subsidies from the Austrian League.
There will also be a training ground with new artificial and grass pitches with undersoil heating.
There will be a new U-Bahn station opening next to the stadium and 700 new apartments will be built in the vicinity.
Sustainability is definitely one of the hot topics of today and this is why we built the stadium in co-operation with the Austrian Sustainable Building Council. They helped us with the planning of the stadium and they are now taking care of the implementation.
Electricity will come from 100% sustainable sources, a photovoltaic system will be placed on the roof of the north stand and we will work with a large cistern system to water our pitches.
He said the Generali Arena would be a cashless stadium and that all regular credit and debit cards could be used.