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LDLC Arena
The OL Arena (known as the LDLC Arena for sponsorship reasons) is a multi-purpose indoor arena located in Décines-Charpieu in the Metropolis of Lyon, France. Owned by OL Groupe, the arena opened in November 2023 and is mainly used for sporting events and concerts. It is located near the Parc Olympique Lyonnais stadium and training complex.
On 7 December 2018, the ASVEL Lyon-Villeurbanne basketball club announced a multi-function arena project, which would notably host LDLC ASVEL matches in the EuroLeague.
In February 2019, Jean-Michel Aulas, then-owner and president of Olympique Lyonnais, announced plans to build a multi-purpose arena next to the stadium. It would become another part of the OL Vallée and would accommodate 10,000 to 15,000 people depending on the event. Aulas also stated that discussions were being held with ex-National Basketball Association player Tony Parker, owner of the ASVEL Lyon-Villeurbanne basketball club, about moving from the Astroballe to the new arena. In June 2019, Aulas and Parker entered into a partnership with OL taking a 25% minority stake in LDLC ASVEL and LDLC ASVEL Féminin, with ASVEL to play its EuroLeague home games in the new arena. The club would continue to play the remaining games in the Astroballe.
In mid-June 2021, ASVEL Lyon-Villeurbanne was accepted as a shareholder in the EuroLeague with a permanent right to participate with the A license. To do this, the club needed a venue that met the requirements of the EuroLeague for international games; the Astroballe had only 5,556 seats.
In July 2021, Olympique Lyon awarded the architectural firm Populous and Citinea, a subsidiary of the French construction group Vinci SA, the contract to design and build the multi-purpose hall in Décines-Charpieu, a commune located in the Metropolis of Lyon, France. According to information at the time, the arena would offer 12,000 to 16,000 seats and would be the largest event hall outside of Paris, holding 80 to 120 events per year, such as concerts, sports and esports competitions, seminars, and trade fairs. The two companies were already involved in the design and construction of the Groupama Stadium, which opened in 2016. According to plans, construction with a planned cost of 141 million euros would begin at the end of 2021 and be completed two years later at the end of 2023. In mid-October of that year, the Olympique Lyonnais Groupe signed a multi-year contract with Live Nation Entertainment. The agreement began with construction starting in early 2022.
The name of the multi-purpose hall was presented at the beginning of December 2021. Groupe LDLC, owner of computer and technology stores and sponsor of ASVEL Lyon-Villeurbanne and the e-sports division of Olympique Lyon, would be the title sponsor of the event arena for eight years.
At the beginning of February 2022, the groundworks that began in January were completed and construction began. In May of that year, OL Groupe presented a financing plan for the construction of the hall. The group took over the entire financing. The project was supported by the subsidiary OL Vallée Arena. The planned costs of 141 million euros were to be financed through equity capital of 51 million euros and a real estate leasing of 90 million euros. The OL Vallée Arena signed a 15-year amortizing real estate lease agreement with a group of five banks, which provided for a residual value of 20 percent. The first seats in the new hall were presented in a ceremony on 6 September 2022.
The shell construction was completed in February 2023. This was followed by the roofing of the hall. It was scheduled to be closed by the end of March that year. The support structure weighs 1,200t and spans 70m. To achieve a better carbon footprint, the proportion of concrete was reduced by 25 percent compared to the original plan and low-carbon concrete was used. The opening was scheduled for December 15, 2023. LDLC ASVEL was scheduled to play 13 to 17 games in the arena annually.
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LDLC Arena
The OL Arena (known as the LDLC Arena for sponsorship reasons) is a multi-purpose indoor arena located in Décines-Charpieu in the Metropolis of Lyon, France. Owned by OL Groupe, the arena opened in November 2023 and is mainly used for sporting events and concerts. It is located near the Parc Olympique Lyonnais stadium and training complex.
On 7 December 2018, the ASVEL Lyon-Villeurbanne basketball club announced a multi-function arena project, which would notably host LDLC ASVEL matches in the EuroLeague.
In February 2019, Jean-Michel Aulas, then-owner and president of Olympique Lyonnais, announced plans to build a multi-purpose arena next to the stadium. It would become another part of the OL Vallée and would accommodate 10,000 to 15,000 people depending on the event. Aulas also stated that discussions were being held with ex-National Basketball Association player Tony Parker, owner of the ASVEL Lyon-Villeurbanne basketball club, about moving from the Astroballe to the new arena. In June 2019, Aulas and Parker entered into a partnership with OL taking a 25% minority stake in LDLC ASVEL and LDLC ASVEL Féminin, with ASVEL to play its EuroLeague home games in the new arena. The club would continue to play the remaining games in the Astroballe.
In mid-June 2021, ASVEL Lyon-Villeurbanne was accepted as a shareholder in the EuroLeague with a permanent right to participate with the A license. To do this, the club needed a venue that met the requirements of the EuroLeague for international games; the Astroballe had only 5,556 seats.
In July 2021, Olympique Lyon awarded the architectural firm Populous and Citinea, a subsidiary of the French construction group Vinci SA, the contract to design and build the multi-purpose hall in Décines-Charpieu, a commune located in the Metropolis of Lyon, France. According to information at the time, the arena would offer 12,000 to 16,000 seats and would be the largest event hall outside of Paris, holding 80 to 120 events per year, such as concerts, sports and esports competitions, seminars, and trade fairs. The two companies were already involved in the design and construction of the Groupama Stadium, which opened in 2016. According to plans, construction with a planned cost of 141 million euros would begin at the end of 2021 and be completed two years later at the end of 2023. In mid-October of that year, the Olympique Lyonnais Groupe signed a multi-year contract with Live Nation Entertainment. The agreement began with construction starting in early 2022.
The name of the multi-purpose hall was presented at the beginning of December 2021. Groupe LDLC, owner of computer and technology stores and sponsor of ASVEL Lyon-Villeurbanne and the e-sports division of Olympique Lyon, would be the title sponsor of the event arena for eight years.
At the beginning of February 2022, the groundworks that began in January were completed and construction began. In May of that year, OL Groupe presented a financing plan for the construction of the hall. The group took over the entire financing. The project was supported by the subsidiary OL Vallée Arena. The planned costs of 141 million euros were to be financed through equity capital of 51 million euros and a real estate leasing of 90 million euros. The OL Vallée Arena signed a 15-year amortizing real estate lease agreement with a group of five banks, which provided for a residual value of 20 percent. The first seats in the new hall were presented in a ceremony on 6 September 2022.
The shell construction was completed in February 2023. This was followed by the roofing of the hall. It was scheduled to be closed by the end of March that year. The support structure weighs 1,200t and spans 70m. To achieve a better carbon footprint, the proportion of concrete was reduced by 25 percent compared to the original plan and low-carbon concrete was used. The opening was scheduled for December 15, 2023. LDLC ASVEL was scheduled to play 13 to 17 games in the arena annually.