The Anschutz Entertainment Group, or AEG, has named HOCHTIEF as its general contractor for the construction of Mercedes Platz in Berlin. The two companies signed a corresponding agreement. AEG is to develop it by fall 2018 for around EUR 200 million. AEG will hand over the construction site in front of the Mercedes-Benz Arena to HOCHTIEF at the beginning of May. The official opening will take place on June 6, 2016.