Olympia London

Olympia London

Architect
Heatherwick Studio
Location
London, UK | View Map
Project Year
2023
Category
Offices

Shopping Centres

Restaurants

Olympia London

Heatherwick Studio as Architects

GREEN LIGHT FOR £1BN OLYMPIA LONDON PLANS
Planning permission granted to transform iconic 132-year-old landmark into an arts, entertainment, events and creative business quarter

A £1bn project to turn Olympia London into a world-leading cultural hub has been approved by planners. YOO Capital and Deutsche Finance International – which own the historic exhibition centre – submitted plans to Hammersmith & Fulham Council last summer to turn the 14- acre site into a destination with leading hotels and restaurants, plus performance venues and state-of-the-art office space. Award-winning practices Heatherwick Studio and SPPARC are leading on the design and implementation of the project, which will also see 2.5 acres of new public space created.

The transformation will begin from next year, with the first tenants moving in by 2023. YOO Capital and Deutsche Finance International are in advanced talks with some of the biggest names in entertainment and hospitality about taking space on the enhanced site and will announce the first commercial partners in the spring. The project will create more than 3,000 new construction jobs over the next five years in addition to approximately 5,400 new jobs for the borough when it is completed. It will also bring in an extra £9m per year in consumer spending to Hammersmith & Fulham.

Key features of the project include:
• A 1,500-seat theatre
• A 1,000-seat performing arts venue
• Two hotels
• A four-screen cinema
• 670,000 sq ft of creative office space, including new co-working space
• Upgrades to the existing spaces to turn Olympia London into one of the world’s top exhibition and event centres
• A 200,000 sq ft logistics centre

Chairman of YOO Capital 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 are proud to announce this plan and press ‘Go’ on a £1bn project that will transform Olympia London into a global force in arts, entertainment, exhibitions and events. “We will achieve all of this with minimal disruption to the hundreds of inspirational events that will continue to take place at Olympia London during the transformation.”

Gavin Neilan, Co-Founding Partner of DFI, commented: “We are delighted to announce that planning consent has been granted for our £1bn transformation of Olympia London and look forward to working with our partners to support the exhibition business and unlock the tremendous potential within the iconic estate.” Already home to more than 200 events and welcoming 1.6 million visitors every year, Olympia London has championed the arts for generations – from being one of London’s first cinemas to hosting Vivienne Westwood’s first fashion show. Cushman & Wakefield and CBRE have been appointed as the leasing advisors on the project.

Overview
• A £1bn transformation of Olympia London by YOO Capital and Deutsche Finance International, with Heatherwick Studio and SPPARC leading on the design and implementation of the project.
• The vision is for Olympia London to become a destination with leading hotels, restaurants, performance venues and state-of-the-art office space

The project in numbers:
• 2.5 acres of new public space created
• 1,500-seat theatre
• 1,000-seat performing arts venue
• 2 hotels
• A four-screen cinema
• 670,000 sq ft of creative office space, including new co-working space
• 30+ eateries, food halls, bars, restaurants and markets
• 200,000 sq ft logistics centre
• 650 cycle spaces and 181 car spaces
• First tenants looking to move in by 2023
• 3,000 new construction jobs over the next five years and approximately 5,400 new jobs for the borough when it is completed
• 8.4 million visitors a year with an extra £9m per year in consumer spending to Hammersmith & Fulham

Featured Projects
Latest Products
News
Lviv’s Radio Garage offers an experimental space for temporary exhibitions with a focus on radio, sound art, VR-art, and interactive media
25 Jun 2022 News
Lviv’s Radio Garage offers an experimental space for temporary exhibitions with a focus on radio, sound art, VR-art, and interactive media

In Lviv, Radio Garage is a media art centre and an experimental gallery for temporary exhibitions wi... More

Urban infill project Manifesto Market Andel activates an underutilized gap in Prague’s urban fabric
25 Jun 2022 News
Urban infill project Manifesto Market Andel activates an underutilized gap in Prague’s urban fabric

Located in Prague’s Andel District, Manifesto Market Andel is an urban infill project activati... More

Amsterdam’s iconic Droogbak building transformed into a 21st-century office space for a prestigious law firm
24 Jun 2022 News
Amsterdam’s iconic Droogbak building transformed into a 21st-century office space for a prestigious law firm

An iconic 19th-century building next to Amsterdam Central Station, Droogbak has been transformed int... More

Renovated hacienda-style villa in Belgium respects its history while exploring form and materials
24 Jun 2022 News
Renovated hacienda-style villa in Belgium respects its history while exploring form and materials

House VD-B by Graux & Baeyens architecten is a renovated hacienda-style villa in Evergem, Belgiu... More

Landmark urban renewal project comes to the heart of Bruges with the completion of The Bruges Meeting & Convention Centre (BMCC)
22 Jun 2022 News
Landmark urban renewal project comes to the heart of Bruges with the completion of The Bruges Meeting & Convention Centre (BMCC)

In the heart of the historic city of Bruges, The Bruges Meeting & Convention Centre (BMCC) is a... More

Award-winning New Museum of Ethnography by NAPUR Architect opens in Budapest
22 Jun 2022 News
Award-winning New Museum of Ethnography by NAPUR Architect opens in Budapest

Designed by NAPUR Architect, the recently opened New Museum of Ethnography in Budapest is a purpose-... More

New Royal College of Art campus by Herzog & de Meuron unveiled in Battersea
22 Jun 2022 News
New Royal College of Art campus by Herzog & de Meuron unveiled in Battersea

The Royal College of Art unveiled its new campus in Battersea, London this past month.  With a... More

TAO’s Qingyijiang Road Elementary School explores a decentralized school system design that embraces equality, non-hierarchy, freedom, and diversity
21 Jun 2022 News
TAO’s Qingyijiang Road Elementary School explores a decentralized school system design that embraces equality, non-hierarchy, freedom, and diversity

The Qingyijiang Road Elementary School by TAO (Trace Architecture Office) explores a decentralized s... More