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Lagos Arena

From Wikipedia, the free encyclopedia

Lagos Arena
AddressPalms Mall, 1 Bisway Street, Maroko
Lekki, Lagos State
Nigeria
OwnerNigeria Sovereign Investment Authority (40.5%)
Capacity12,000
Field size25,250 m2
Construction
Broke ground24 February 2024
OpenedDecember 2025
ArchitectYazan Design Architecture

Lagos Arena is an indoor arena under construction in Lekki, Lagos State, Nigeria, that is currently under construction. The arena will have capacity for 12,000 people and will be the largest indoor arena in the country. Ground broke on 24 February 2024 and construction is expected to finish in December 2025.[1] The arena is being built in the Victoria Island neighbourhood. The arena will provide a venue for concerts as well as major sporting events.

History

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The $100 million project was first known under the name "Project Arena". The design was made by Turkish architecture firm Yazan Design Architecture and was finished in 2020.[2] Lagos Area is financed by a public–private consortium existing of real estate developer with was led by the Nigerian Sovereign Investment Authority, who invested 40.5%.[1] Other investors from the private sector included Adino Capital Ltd., Sports Infrastructure and Entertainment Development Company Ltd. and Persianas Group. Construction began on 24 February 2024 and was announced to be finished in December 2025.[3]

References

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  1. ^ a b Rubin, Hannah (26 February 2024). "Africa's First Purpose Built Entertainment Arena Set To Open In Lagos, Nigeria". Live Nation Entertainment. Retrieved 21 March 2024.
  2. ^ "LAGOS ARENA". World Architecture Community. Retrieved 21 March 2024.
  3. ^ Agency, Bird Story (27 February 2024). "New Lagos arena marks growing investment in sports and entertainment sectors - The African Mirror". Retrieved 21 March 2024.