The Olympic Delivery Authority has unveiled images of the basketball arena, as the building, which is the third largest venue on the Park, gained planning permission this week.
The building will be home to basketball, the handball finals, wheelchair basketball, wheelchair rugby and will become a holding area for athletes for the opening and closing ceremonies.
During the Games the temporary arena will have 12,000 seats for the basketball preliminaries and quarter-finals, as well as the handball semi-finals and finals.
During the Paralympic Games it will have a capacity of 10,000 seats for wheelchair basketball and wheelchair rugby.
The temporary structure was originally located in the west of the Olympic Park just north of the Olympic Stadium.
Last year, its location was changed to the former site of the Fencing Hall, in the north of the Park, after Olympic fencing, wheelchair fencing and Paralympic judo were moved to the ExCeL venue in Docklands.