After months of fierce competition we know the winner of international competition to design and build the new national stadium in Brussels. Euro 2020 will be played at a venue by Jaspers-Eyers / Ghelamco / BAM.

Today in the afternoon mayor and councilors of Brussels selected what they consider best for the city and its residents. New 60,000+ stadium in northern Brussels will be designed by Jaspers-Eyers and built by joint forces of Ghelamco/BAM.

International race for the privilege of building Belgium’s new national stadium officially began in mid-2014 and had three consortiums in the running: Besix & Populous, Denys & Estudio Lamela and Ghelamco/BAM & Jaspers-Eyers. Each of the teams had to go through three phases of evaluation to reach the final and now the winner is known.

The new football stadium estimated to have over 62,000 seats will be built at Parking C of the current Koning Boudewijn Stadion, which will eventually give way and be transformed into a mixed-use development.

The project is thought to cost roughly €315 million ($336m) and will be financed entirely with private funds. The municipality offered land, while financial viability of the project is guaranteed by Belgium’s national team and RSC Anderlecht, who are both to become major tenants of the stadium.

Groundbreaking is expected next year and the stadium should be delivered in 2018. This gives Brussels plenty of time before Euro 2020, which the stadium had secured before even having the final concept selected.