EC&O Venues Announces Completion of Olympia Two Refurbishment
Enhancement of the world-class venue follows the success of the newly redeveloped West Hall
EC&O Venues is pleased to announce the completion of its £9 million refurbishment of Olympia Two. The upgrades, which began in April of this year, have enhanced the exhibition space and conference centre by providing more efficient internal servicing arrangements and improving the fabric of the building. The improvements were completed on time and on budget and form part of the nearly £30 million investment in Olympia by EC&O’s parent company, Capital & Counties Properties PLC (Capco). The changes are aimed at helping sustain Olympia’s position as a world-class venue.
The works, which were completed earlier this month, include:
Enhancing the facilities in the conference centre on the third floor by adding retractable walls to the East Hall. This offers greater flexibility to conference organisers by providing versatile space for smaller breakout sessions.
Installation of new suspended ceilings on the third floor which contain specialist sound insulation.
Refurbishment of Level One and Level Two including the infilling of the atrium. The existing escalators and stairs between these floors have been removed to produce more effective exhibition space on both levels.
Reconfiguration of the ground floor space to create a large traffic marshalling area within the building to help improve the working environment for organisers. This will also improve traffic conditions for local residents by taking more vehicles off the surrounding roads.
- Creation of additional floorspace and introduction of a new heating and cooling system on all floors as well as refurbishment of the external façade.
These improvement works follow the opening, late last year, of the newly redeveloped West Hall. The new two-storey, 97,000 square feet exhibition facility enjoys new links to the Grand Hall and Olympia Two behind a restored façade, making Olympia more flexible and interconnected.
Nigel Nathan, EC&O Venues Managing Director said: “These projects are further positive steps in helping Olympia sustain its position as a world-class venue. The upgrades to Olympia Two demonstrate that our business is adapting to the changing demands of the industry. This year we have been celebrating Olympia’s 125th anniversary and our plan is to continue building on its prestigious history and invest to assure its future as London’s favourite venue.”
Councillor Nicholas Botterill, Leader of London Borough of Hammersmith and Fulham, welcomed the completion of the works.
He said: “I am delighted that EC&O Venues has completed another project to improve the Olympia Exhibition and Conference Centre. This venue generates income for local businesses, contributes to the West London economy, brings continued prosperity for Hammersmith and Fulham and receives great support from the surrounding community.”
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Notes to Editors
About Olympia, London
London Borough of Hammersmith & Fulham resolved to grant planning consent for Olympia’s redevelopment proposals on 13 October 2010. Works to Olympia’s West Hall began in early 2011, and were phased to allow the exhibition and conference business already operating at the venue to continue throughout. The cost of improvement works to the West Hall were included within the previously announced £20 million of capital allocated to Olympia and were funded by existing Capco cash resources. The schedule of works to the Olympia Two Building represents further £10 million of investment.
Olympia’s West Hall has already been redeveloped within its existing footprint, behind the existing – and now restored - brick façade along Blythe Road, adding a floor and creating links to the Grand Hall and Olympia Two. The Hall is designed to be used in conjunction with other spaces or independently and the design is sympathetic to the spectacular fan window of the Grand Hall. It incorporates a visitor entrance on Blythe Road bringing animation to the street frontage. The plans also improve pedestrian access around the building and provide opportunities to enhance the public realm.
About Capital & Counties Properties PLC (Capco)
CAPITAL & COUNTIES PROPERTIES PLC is one of the largest companies that specialises in central London real estate and is a constituent of the FTSE-250 Index. CAPITAL & COUNTIES PROPERTIES PLC holds 3.0 million square feet of assets valued at £1.6 billion (as at 30 June 2012) in three landmark London estates: Covent Garden, which has assets valued at £856 million, including the historic Market Building; Earls Court & Olympia Group and 50% of the Empress State building in Earls Court amounting to aggregate property assets of £620 million; and the Great Capital Partnership, a joint venture with Great Portland Estates, which holds prime West End properties of which Capco’s share is £159 million. The company is listed on the London Stock Exchange and the JSE, Johannesburg.