Chernomorets Arena (Bulgarian: Черноморец Арена) is a planned future modern sports venue in Burgas, Bulgaria. The stadium will be built in the place of the old Chernomorets Stadium and will have an exact capacity of 30,000 spectators and a possible expansion to 55,000. It is scheduled to be opened in 2017 and it will be the new home ground of the local PFC Chernomorets Burgas. The construction will start in 2013, because of the global financial crisis, and will cost 500 million euros, making it one of the most expensive stadiums in Europe. The stadium will be part of a modern complex with a mall, underground parking area, indoor sports hall with a capacity of 3,500 spectators, three business towers and a five-star luxury hotel.