 The decision to build an arena in the area was first presented by Nilsson in May 1997, and developed further over the following decade. The permit to start building Malmö Arena was granted in September 2006, and the first sod was turned on 10 January 2007 by Nilsson, hockey players Pekka Lindmark, Juha Rihiijärvi, and Carl Söderberg, and two politicians from Malmö Stad. The main contractors for the building of the arena were Parkfast AB, with the collaboration of the structural engineer Byggteknik i Skåne. The arena was designed by Mats Matson of MM Matsson Konsult AB, Hannu Helkiö of Pöyry Architects, and Gert Wingårdh of Wingårdh arkitektkontor. The final construction cost for the arena was 750 million kronor – 100 million kronor over budget because of additions to the initial plan. The arena was entirely financed by Percy Nilsson of Parkfast AB. Malmö Arena was inaugurated on 6 November 2008 with a large concert featuring a variety of artists, among them Robyn, Helen Sjöholm, Sanne Salomonsen, and Jill Johnson.
