The Conseil communal de la Ville de Bruxelles has selected the BAM - Ghelamco consortium as the preferred bidder to build and operate a footbal stadium in the city of Brussels.

The new stadium will be designed by Jaspers-Eyers Architects, an international practice with studios in Brussels, Leuven and Hasselt and a growing presence in Eastern Europe.

The team composed by BAM - Ghelamco & Jaspers-Eyers beat out competition from two other consortia that bid for the project. The two other teams competing for the project were Besix & Populous and Denys & Estudio Lamela.

The project involves the design construction, financing and operation of a new 62,000 seats stadium. The stadium will be built on hat is now Parking C of the Heizel complex, located just outside of the Brussels border in Flemish Brabant. The redevelopment of the Heysel also includes the construction of an Exhibition Palaces (Brussels Expo), a shopping center, a conference hall of 5,000 seats and a theater with 15,000 places in Palais 12.

The total project investment is estimated at €315 million (US$344.8 million).

The contract is expected to be signed by June 2015 and construction works are set to begin by early 2016.

The football stadium will be part of the offering for the European Football Championships in 2020 (UEFA 2020). The football stadium must therefore be completed in time and must meet UEFA requirements. The City of Brussels also requires that the football stadium is used by a football team to hold its home matches.