Capital & Counties plans to build a £20m extension to Olympia have been approved.
The plans, designed by Collado Collins, involve adding a two-storey extension, and, crucially for use as an exhbition centre, enabling use of the whole facility at first and second floor level. The centre will have a total of 90,000 sq ft of exhibition space after the extension to the West Hall.
Extending Olympia allows CapCo to keep the area’s heritage as a centre for trade shows alive, while closing Earls Court, and redeveloping that site as a major resi/commercial mixed use scheme, as discussed by Richard Powell, of CapCo, during his speech at Place West London on October 14.
Gary Yardley, investment director of Capco, said: “The approval for our redevelopment plans will provide us with the opportunity to intensify operations at Olympia once the works are completed. This project is part of our overall strategy to unlock latent value through the delivery of our plans to regenerate our Earls Court & Olympia estate.”
Work is expected to start on the scheme in 2011 and will be phased to allow the venue to continue to operate.
See previous coverage.