Hamburg could be set for a new arena after it emerged that local real-estate developer Home United is planning to build a 7,000 to 8,000-seat facility in the German city.

Home United said that the project would cost about €150m (£134m/$172m), with the arena to be located near the Hamburg S-Bahn and the Elbbrücken underground station.

The arena, which has been given the tentative name of ‘Elbdome’, would be complemented by commercial space and a hotel complex. Although the project is still at an early stage, Home United said an opening date in 2025 would “theoretically be possible”.

Home United feels the arena would fill a “missing dimension” in Hamburg’s event venue space. The city currently boasts the 3,500-seat edel-optics.de Arena, the 4,500-seat Alsterdorfer Sporthalle and the 15,000-capacity Barclaycard Arena (pictured).

The Hamburger Abendblatt newspaper noted that second-tier basketball team Hamburg Towers could play at the new arena. Home United founder and managing director Tomislav Karajica is also the main shareholder of the Towers, which plays at the edel-optics.de Arena.

Karajica said: “In Hamburg, there has long been talk of the need for a new multi-purpose venue that will hold 7,000 to 8,000 spectators. Through my role as the main shareholder of the professional basketball team Hamburg Towers and the operation of the edel-optics.de Arena in Wilhelmsburg, the debate on the subject inevitably started.

“The detailed discussion has confirmed the desire for a venue in this dimension in Hamburg from several sides and in the search for a suitable location, the area at the Elbbrücken has presented many advantages for us.

“We have already done some preliminary work and are convinced that we can realise this project here and also finance it privately. But first of all, the ball is now in the hands of those in the city and in the district who will carefully consider our proposal.”

Image: Franjo targo