The main stand will be built in conjunction with Ulsteinhallen, and will feature common locker rooms and cafeteria. The indoor arena will feature a hall area for recreational athletics, handball and gymnastics, with Dimna IL as the main tenant. Both Ulsteinhallen and the new stadium will be owned by Ulstein Eigedomsselskap KF, a municipal enterprise owned by Ulstein Municipality. The municipality estimates that the hall will cost between one and a half and two million kroner per year to operate. Møre og Romsdal County Municipality secured 47.6 percent of the investment costs and 37.6 percent of the operating costs of the new hall, to allow it to be used by Ulstein Upper Secondary School. This will give the school access to of new floor space and daytime access to the athletics hall. Construction commenced in December 2012, with Nord-Berg as the main contractor. The arena is scheduled for completion in 2014, when it will become the third-largest indoor athletics arena in Norway, costing NOK 123 million.
