Olympia London owners Deutsche Finance and Yoo Capital have announced plans for a £700 million ($922 million) investment in the 130-year-old exhibitions and events venue.
The plans will transform the Olympia events center in west London into a major hub for the creative industries. The investment will create 70,000 square feet of new co-working spaces and 600,000 square feet of creative offices and studios. The new proposals also include 73,000 square feet planned for a 1,500-seat theater and performing arts space, and the main halls will be modernized.
Deutsche Finance and Yoo Capital first announced plans to develop the site in September 2017.
