Hammersmith & Fulham Council approves £1bn overhaul of Olympia exhibition centre
The plans will completely revamp the existing exhibition halls, as well as adding 51,000m² of offices, studios and co-working space for ‘the creative industries in art, music and entertainment’.
Hammersmith & Fulham Council has approved a £1 billion overhaul of the Olympia exhibition centre to a 'cultural hub'.
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Hammersmith & Fulham Council has approved a £1 billion overhaul of the Olympia exhibition centre in west London.
The 186,000 m2 project, by Heatherwick Studio and SPPARC, was submitted for planning last October.
It is backed by Yoo Capital, which jointly owns the 132-year-old building with Deutsche Finance.
Billed as creating a new “cultural hub,” the plans include a four-screen art-house cinema, a 1,000-seat performing arts space, a 1,500-seat theatre, 900 m2 of performance and rehearsal space, and a new jazz club-style restaurant and venue.
There are proposals too for extra shops, cafes, hotels and new public space including pedestrianised squares and a sky garden with the historic façades on Olympia Way fully restored while spaces such as the Pillar Hall are opened to the public.
An architects proposal for extra shops, cafés, hotels and new public space including pedestrianised squares and a sky garden.
The scheme’s budget has already ballooned from the original £700m earmarked for the 5.6 hectare project.
The exhibition centre was built in 1886 and today it is the venue for more than 220 exhibitions and events each year, including the Olympia Horse Show and Stylist Live.
In 2010, ColladoCollins Architects landed planning permission for a project to upgrade the exhibition centre with the addition of a restaurant, offices, conference facilities and, potentially, a 500-bedroom hotel.
An architects impression of the inside of part of the centre.
However, in 2017, the building’s previous owner, Capital & Counties Properties, sold the building and related property assets in a £296 million deal.
The latest plans were lodged with the London Borough of Hammersmith and Fulham after 14 months of consultation.
The team submitted three applications: the main masterplan; an outline application for the pedestrianisation and development along Olympia Way, and a listed building consent.
Yoo Capital chairman John Hitchcox said: ‘Not only is this great news for London, it’s also an example of a British project with European investment creating jobs and opportunities in spite of the current economic and political climate.
‘We will achieve [our plans] with minimal disruption to the hundreds of inspirational events that will continue to take place at Olympia London during the transformation.’ Work is expected to begin next year.
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HeadlineHammersmith & Fulham Council approves £1bn overhaul of Olympia exhibition centre
Short HeadlineCouncil approves Olympia £1bn overhaul
StandfirstThe plans will completely revamp the existing exhibition halls, as well as adding 51,000m² of offices, studios and co-working space for ‘the creative industries in art, music and entertainment’.
Hammersmith & Fulham Council has approved a £1 billion overhaul of the Olympia exhibition centre in west London.
The 186,000 m2 project, by Heatherwick Studio and SPPARC, was submitted for planning last October.
It is backed by Yoo Capital, which jointly owns the 132-year-old building with Deutsche Finance.
Billed as creating a new “cultural hub,” the plans include a four-screen art-house cinema, a 1,000-seat performing arts space, a 1,500-seat theatre, 900 m2 of performance and rehearsal space, and a new jazz club-style restaurant and venue.
There are proposals too for extra shops, cafes, hotels and new public space including pedestrianised squares and a sky garden with the historic façades on Olympia Way fully restored while spaces such as the Pillar Hall are opened to the public.
An architects proposal for extra shops, cafés, hotels and new public space including pedestrianised squares and a sky garden.
The scheme’s budget has already ballooned from the original £700m earmarked for the 5.6 hectare project.
The exhibition centre was built in 1886 and today it is the venue for more than 220 exhibitions and events each year, including the Olympia Horse Show and Stylist Live.
In 2010, ColladoCollins Architects landed planning permission for a project to upgrade the exhibition centre with the addition of a restaurant, offices, conference facilities and, potentially, a 500-bedroom hotel.
An architects impression of the inside of part of the centre.
However, in 2017, the building’s previous owner, Capital & Counties Properties, sold the building and related property assets in a £296 million deal.
The latest plans were lodged with the London Borough of Hammersmith and Fulham after 14 months of consultation.
The team submitted three applications: the main masterplan; an outline application for the pedestrianisation and development along Olympia Way, and a listed building consent.
Yoo Capital chairman John Hitchcox said: ‘Not only is this great news for London, it’s also an example of a British project with European investment creating jobs and opportunities in spite of the current economic and political climate.
‘We will achieve [our plans] with minimal disruption to the hundreds of inspirational events that will continue to take place at Olympia London during the transformation.’ Work is expected to begin next year.
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