The symbolic first dig of the new project was done during the Bulgaria Cycle Tour 2007. On 30 of January 2008 the real work begun. Workers started cleaning the area. The old "Akademik" stadium and the concrete cycle track were both demolished. At the begining the project was supposed to be ready for use in two years time.
Unfortunatelly the building process was much slower than expected. For an year and a half work, the building company managed to finish the roof metal construction and the main form of the venue. For a while both partners found a way to resist the world finance crysis, but it in the end it crashed the building company and it delcared bankruptcy. This stopped the whole proces for a while. The cycling organization did not have the sufficient funding to finish this grand project. So the work was postoponed without clear horizon.
For a while the only hope to finish the project was that a new partnership will emerge - either with the local authorities or with the Ministry of Youth and Sports. After long discussions, on 18 of March 2011, the Minister of Finance Simeon Dyankov agreed to fund the project. The Cycle Organization though was obliged to sell the venue to the State. After that the State gave it to the local authorities to manage it.
30 август 2015
Това е датата, в която мечтата на хиляди пловдивчани и всички хора, които обичат колоезденето, се сбъдна. На 30 август Колодрум Пловдив официално отвори врати пред повече от 6000 зрители.
"От днес Пловдив има една мечта по-малко. Бленуваната от поколения пловдивчани многофунционална зала вече е факт", каза градоначалникът на Пловдив г-н Иван Тотев, а заедно с него лентата прерязаха още спортният министър Красен Кралев и вицепрезидентът на Европейската федерация по колоездене Александър Гусятников.