The project includes total renovation of the seating arrangements and building roofs to cover all of the stands and terraces, as well as the renovation of running tracks. Underground, there will be completely new facilities for sports, gyms and maintenance. The amount of restaurant and restroom facilities will be significantly increased. In total, there will be about 19,300 square meters of new facilities constructed, and the entire scope of the project is about 90,000 square meters. The renovated and completed Olympic Stadium will be a diverse and multifunctional arena that will host both sports and cultural events of international scale.

Construction will begin during the first quarter 2017 and the project is expected to be completed during the year 2019.