Amsterdam's municipal authorities and three Dutch property companies have signed a deal to develop a new entertainment centre in the south-east of the city for approximately EUR 250 mln. Work on the GETZ centre is due to start in the first half of 2008. The name GEZT comes from the Dutch words for health, entertainment, theatre and business.

Amsterdam's municipal authorities and three Dutch property companies have signed a deal to develop a new entertainment centre in the south-east of the city for approximately EUR 250 mln. Work on the GETZ centre is due to start in the first half of 2008. The name GEZT comes from the Dutch words for health, entertainment, theatre and business.

It will be located on the Arena Boulevard next to the Ajax Amsterdam's Arena soccer stadium and the Heineken Music Hall and Pepsi Stage music venues. Apart from its cultural and entertainment functions, the plans for GETZ include a hotel, casino, restaurants/cafes and homes. The idea is that the mixed functions of GETZ will draw visitors to the area during the day and evening.

The municpiality sees GETZ as an important part of its scheme to turn the district in the south-east into the city's second entertainment hot-spot. The architect for GETZ is Jerde Partnership from Los Angeles.