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Timetable for Hippos

A development company, Jyväskylän Hippoksen Kehitys Oy, was established in the spring of 2016 to oversee the Hippos 2020 project. The company’s brief is to manage the two-year development phase of the Hippos 2020 project. Subsequent to this Hippos will enter the construction phase. The development company’s shareholders are the City of Jyväskylä and Jyväskylän Hippoksen Ystavät Oy, the latter a limited company representing a number of private investors. The private investors are providing the project with EUR 1.5 million of funding and also contributing their expertise in both the sports and business spheres to the undertaking. Investors for the actual construction phase will be sought via an open competition, which will be started in the late autumn of 2016.

The aim is to render Hippos plans final legally valid by the early spring of 2017. Construction would begin in 2018. Completion of the first construction phase would follow in 2020.

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