Ahead of TheStadiumBusiness Design & Development Summit 2022, Sarunas Stepukonis, partner at BaltCap Infrastructure Fund, provides an update on the new National Stadium Complex under development in Vilnius, Lithuania.
Work on the project commenced in January with the demolition of a previously aborted stadium. A new venue with a seated capacity of 15,000 will rise in its place and form part of a wider complex that will include 15 other sports facilities.
The new complex will include a sports museum, cultural and educational centre, library, as well as a kindergarten, which has been identified as a pressing need for Vilnius. BaltCap is the financial investor in the project…
TheStadiumBusiness: What’s exciting you in the field of stadium design at present?
Sarunas Stepukonis: “We are looking closely at two aspects. One, new trends in VIP/hospitality premises due to changing guest preferences. Two, the turf technologies enabling organisation of top concerts, and mass events on the ground floor.”
TSB: What’s in the pipeline for the Lithuania National Stadium over the next six to 12 months?
SS: “After finalising demolition of the existing stadium construction and finalising the design of the whole stadium city area (including the athletics stadium, indoor arena and multifunctional buildings) we will close the selection process of the general construction company and other top suppliers. At the same time, we are already working on venue commercialisation with naming rights, exclusive partners and event promotion talks.”
TSB: What are you most looking forward to about the Summit?
SS: “I’m looking for ideas on how to design stadium spaces to maximise revenues on non-match days as we won’t host too many football games, in the first years at least. We are also interested in any market trends that seem to emerge in three-plus years.”
Explore the future of stadium design with Sarunas Stepukonis and 400+ stadium industry leaders – exclusively at #TDS22.