Capital & Counties Properties PLC (Capco), which owns EC&O Venues, has announced that London Borough of Hammersmith & Fulham resolved to grant planning consent for its redevelopment proposals for Olympia Exhibition and Conference Centre at Earls Court.
The proposals to upgrade Olympia will improve the flexibility of the space which will be capable of hosting a number of events simultaneously, whilst enhancing one of the UK's best known venues.
The plans include redevelopment of the West Hall, within its existing footprint, into a two-storey 90,000 square feet exhibition facility by adding a floor and creating links to the Grand Hall and Olympia 2 behind the restored façade. Olympia 2 will be reconfigured to provide more efficient servicing arrangements and improved connectivity with the rest of the facility.
With planning permission in place, Capco is looking to commence construction work on the site in early 2011, which is scheduled to continue during 2012. The work will be phased to allow the exhibition and conference business already operating at Olympia to continue throughout. The cost of these works were included within the previously announced £20 million of capital allocated to Olympia and will be funded from existing Capco cash resources.
Thursday, 14 October 2010
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