South Korea performer stage K-pop South Korea

South Korea is getting a new arena dedicated to K-pop

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. The arena is slated to open its doors in 2024.The arena is designed to accommodate 20,000 indoor attendees, with the capacity to extend to another 40,000 outdoors, per Variety.

It will be equipped with “the most powerful live performance infrastructure in the world”, including stage facilities, sound and lighting systems, per a press release.Apart from the showcase area, it will have a dedicated rehearsal space to maximize the quality of stage production and performance.

It is also fitted to enable set up and deconstruction of large-scale concerts in just one day.During the ceremony, CJ ENM also shared their vision to turn the arena into “Live K-Content Experience Districts”, BusinessWire reported, with the aim of becoming the destination.

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