Lisbon is currently one of the ten most popular destinations for conferences in Europe, and business travel is now the second most important market in the city after city breaks. Due to this growth, there’s a need for a new convention center with a larger capacity, and the site chosen for the new building is the current Carlos Lopes Pavilion in Edward VII park.
Other locations were considered, including the Parque das Nações district and Santa Apolonia (site of the future cruise terminal), but the pavilion (which is currently abandoned and rundown) was the choice due to its central location with easy access to public transportation and parking, and a large number of hotels nearby.
Now that the location is decided, it just needs the funding for the project. There’s a chance that the building named after the Portuguese Olympic champion will be both a congress center and sports pavilion. It would cost around 50 million euros, and it’s hoped that works are carried out within the next four years.