Club: Atlético de Madrid | Capacity: 70,000 | Scheduled opening: 2017 | Status: under construction
Nuevo Estadio Atlético de Madrid is the currently under construction new stadium of Atletico Madrid. It will replace their current Estadio Vicente Calderon, which lacks the possibilities for expansion and modernisation being enclosed by a river and a motorway on one side and residential buildings on the other.
Concrete plans for the stadium were presented in late 2011, then still in combination with a Madrid bid for the 2020 or 2024 Olympics. While the stadium was designed as a football-specific stadium with the stands close to the pitch, plans allowed for the temporary construction of an athletics tracks on top of the lower tier.
The stadium is getting built on the site of Estadio La Peineta, an athletics stadium with one large concrete stand. Parts of that stand have been incorporated in the design of the new stadium, while the rest has been demolished. The costs of the project are estimated to be €200 million, which will be financed by the development of the land on which the Vicente Calderon currently stands. Atletico Madrid will become the sole owner of the stadium.
Estadio La Peineta is located in the east of the city of Madrid, just over 8 kilometres from Madrid’s city centre and not far from Barajas International Airport. It lies almost adjacent to the M-40 motorway and already has two metro stations in its vicinity.
Initial works started quickly after the club announced its plans in 2011, but have progressed slowly since. The club had initially set an estimated completion date for 2015, but this was later moved back to 2017 due to the failure of the olympic bids and subsequent funding difficulties. There are, however, still doubts whether this deadline will be made due to ongoing legal proceedings.
By the end of 2015, most of the structures of the lower tiers had been erected and works were in progress on the upper tiers.