Investor sought for zl.300 mln national stadium complex
The Warsaw authorities are planning to build a sports-recreational complex,
the most important element being the construction of a national stadium. The
complex will be built in Lazienkowska Street on land adjacent to the Legia
stadium which were handed over to the Military Property Agency (AMW) by the
Defence Ministry The entire project will be sponsored by a consortium
comprising the city of Warsaw, Legia Sports Club and the Polish Football
Association (PZPN), as well as a private investor who will be selected in a
public tender scheduled to take place in the second half of 2002. "We also
intend to invite a company to finance the construction of the stadium, whose
value is estimated at zl. 300 million. In return, the investor will be
allowed to build shopping malls within the complex. The national stadiums in
Europe such as the one in Stockholm have been sponsored in a similar way"
says vice mayor of Warsaw, Wojciech Kozak. (Puls Biznesu, p.11) A.Z.