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Why Rotterdam will spend €135 million on Feyenoord City
A lot of supporters wanted De Kuip, the current football stadium, pimped. Instead Rotterdam decided to build Feyenoord City. Considered to be the biggest local development project since the Second World War, this is going to be a brand new stadium. And not only that. It's going to be a whole new city.
Why is it necessary? The old stadium is simply too small. Instead of the current 50,000, the new stadium can accommodate 63,000 people. A new purpose will be found for De Kuip.
Also, with more tickets, business seats, and space to rent out, more money will come in. With that extra income Feyenoord can increase their budget for players, an area in which the club is currently lagging behind. More money means better players.
When will it be ready? The first ball is supposed to be kicked in 2022 – if all goes as planned.
What will it cost? The whole Feyenoord City project is estimated to cost around €1.5 billion. The municipality is investing around €135 million.
Why a whole city? As well as a stadium, houses, hotels, shops, a school, and entertainment facilities will be built. The idea is that the surrounding area, that has been sort of neglected, will get a boost.
Source: NRC Handelsblad
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