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The temporary structure, which is similar in size to Wimbledon’s Centre Court, will be built by London 2012 stadium architect Populous in conjunction with Atkins, the UK’s largest engineering and design consultancy.
The stadium will have a lower bowl for getting up-close to the action, and a three sided upper bowl allowing spectators and TV cameras to use the London skyline behind as a stunning backdrop.
James Bulley, the London 2012 director of venues and infrastructure, says “While for many the emphasis of the Games will be at the Olympic Park in East London, our aim is for London to play a starring role in the Games.
“Populous and Atkins, through imaginative design and architectural construction, have enabled LOCOG to use an historic landmark for a major tournament.
“We hope this will contribute to making London 2012 the best possible Olympic and Paralympic Games experience for everyone involved, ensuring a real legacy and inspiring people to join in.”
Horse Guards Parade has a long tradition of hosting events, from Henry VIII’s tournaments in the 16th-century to the annual Trooping the Colour for the Queen’s birthday.