|Jerusalem HaPayis Hall
היכל הפיס ירושלים
|Jerusalem Arena, June 2013|
|Full name||Jerusalem HaPayis Hall|
|Broke ground||September 2009|
|Owner||City of Jerusalem|
|Operator||City of Jerusalem|
|Construction cost||NIS 240,000,000|
The Arena (Hebrew: הארנה, HaArena), known for sponsorship reasons as Jerusalem HaPayis Hall (Hebrew: היכל הפיס ירושלים, Heichal HaPasyis Yerushalayim), is a multi-purpose sports arena currently being built in Jerusalem by the city council and the betting company Mifal HaPayis. The stadium will be build in Jerusalem's southwest Malha neighborhood, adjacent to Teddy Stadium. According to Jerusalem Mayor Nir Barkat, the new arena will be the largest indoor space in Jerusalem able to host professional sports, world-class concerts, international conferences and cultural events. Due to some delays the opening was rescheduled to April 2014.
In 2004, Jerusalem mayor, Ehud Olmert declared a new basketball arena would be built within a year. In December 2005, the cornerstone was laid. In July 2009, the city hall publicized tenders for building the arena's infrastructure.
The building project is supposed to be finished in 2013 and cost 240 million NIS, 187 million NIS of which to be covered by Mifal HaPayis, 20 million NIS from the Israeli Sports Betting Council and 33 million NIS from the Jerusalem municipality. It will include 11,600 seats on 40,000 square metres.
The arena will be the new home of Hapoel Jerusalem B.C. and a major sports centre, including an Olympic-size swimming pool, tennis courts and possibly even an ice rink. It is also planned to be a multi-purpose site, housing an athletes' residence and providing facilities for cultural and business events.