FIFA World Cup Hannover Stadium
The Niedersachsenstadion was completed in 1954 and has been home to Hannover 96 since 1959. Both Brazil and Holland played matches here during the 1974 FIFA World Cup.
An announcement from the sports committee of the city of Hanover in January 2001 invited investment bids for a new, purpose-built football stadium.
Four offers were tabled (two for reconstruction/two for new stadia).
On 5 November ,2001, the administrative committee of the city of Hannover decided to reconstruct the 1954-built Niedersachsenstadion.
The reconstruction design was finally chosen by the city council of Hannover in their session on December 13, 2001.
Building work will begin in March 2003 with the tear-down of the North stands, and progress until the scheduled completion date of 1 April 2005, or even earlier.
Major steps during the remodelling: Summer 2003 – playing pitch is moved towards West stands and tear-down of the East stands as well as the South curve; Summer of 2004 – installation of new roof, installation of new flood lights as well as a heating system for the grass field; end of 2004 – completion of the East stands.
Financing:
€24m from the city of Hannover, state of Niedersachsen and region of Hannover, €20m from a bank consortium, €20m from the “Kreditanstalt für Wiederaufbau” (secured by a guarantee from the city of Hannover).