The Olympia Exhibition Centre is to receive a £ 700m redevelopment by its owner Yoo Capital. The masterplan, which received planning approval from LB Hammersmith & Fulham at the end of January, will convert the site into a huge new arts landmark creating over 5,000 jobs for the area.
The scheme envisages two new artistic venues incorporating a 1,000 seat performing arts space and a 1500 seat theatre as well as a four screen art-house cinema. There will be 10,000 sq ft of performance and rehearsal space free for local charities to use and a new jazz-club style restaurant.
Office space has been designed for creative and media companies while there will also be a sky garden, cafes and restaurants.