We propose a new model of a gravastar in (2+1) anti-de Sitter space-time. This new three dimensional configuration has three different regions with different equations of state: [I] Interior: 0 ≤ r < r 1 , ρ = −p ; [II] Shell: r 1 ≤ r < r 2 , ρ = p; [III] Exterior: r 2 < r, ρ = p = 0. The outer region of this gravastar corresponds to the exterior (2 + 1) anti-de Sitter space-time, popularly known as the BTZ spacetime. Like BTZ model, Λ is taken to be negative, which at the junction turns out to be positive as required by stability of gravastar and mathematical consistency. After investigating the Interior space-time, Shell and Exterior space-time we have highlighted different physical features in terms of Length and Energy, Entropy, and Junction conditions of the spherical distribution. It is shown that the present model of charge-free gravastar in connection to the exterior (2+1) anti-de Sitter space-time or the BTZ space-time is non-singular.