On October 22, 2014 the Helsingborg City Council, who owns Olympia, unanimously voted to renovate and rebuild the stadium.
The construction will start after the 2014 Allsvenskan season and will be finished in early to mid 2017.
Before 1985 the arena was in a dreadful state with athletic running tracks, wooden stands, and a very poor lighting system.
The record for attendance is 26,154 and was set 14 May 1954, when Helsingborgs IF played Malmö FF.
At the Helsingborgs IF matches Hey Jude by The Beatles is played during halftime and when Helsingborgs IF win a game What a Beautiful Day by The Levellers is played.