ColladoCollins has landed planning permission for its project to upgrade the Olympia exhibition centre in west London
The Capital & Counties Properties-backed project - which will improve access to Olympia and increase events capacity - was granted planning permission by Hammersmith & Fulham Council last Wednesday (13 October).
Originally the British Empire’s showcase arena and home to Barnum and Bailey’s famous circus, the nineteenth century venue is to be revamped with the addition of a restaurant, offices, conference facilities and, potentially, a 500-bedroom hotel.
ColladoCollins will create a two-storey 8,400m² exhibition facility in the ‘West Hall’, improving access to the Grand Hall and Olympia 2.
Gary Yardley, investment director of Capital & Counties Properties, said: ‘We are committed to ensuring that Olympia maintains its position as a world class venue. 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 and regenerate our Earls Court & Olympia estate.’
Nigel Nathan, group managing director of Earls Court & Olympia Venues, said : ‘Our development plans aim to respect the fabric of the historic building whilst also making the internal space easier to access and more flexible for organisers to use.
‘Before we submitted our proposals we consulted widely with the community who have been pleased with the response to our plans. We believe the investment will bring in business, new jobs, and continued prosperity for Hammersmith and Fulham, benefiting the whole of West London.’
The project will start on site in early 2011.