The area around Beijing’s massive Bird’s Nest stadium will be turned into a shopping and entertainment complex in three to five years, a state news agency said.

Officially known as Beijing National Stadium, the showpiece of the Beijing Olympics has fallen into disuse since the end of the games. Paint is already peeling in some areas, and the only visitors these days are tourists who pay about $7 to walk on the stadium floor and browse a pricey souvenir shop.

Plans call for the $450 million stadium to anchor a complex of shops and entertainment outlets in three to five years, Xinhua News Agency reported, citing operator Citic Group. The company will continue to develop tourism as a major draw for the Bird’s Nest, while seeking sports and entertainment events.