Engineering consultancy Pell Frischmann has released artist’s impression images of the Central Towers, which will form part of the £1bn redevelopment of Olympia London, following its acquisition by Deutsche Finance International and Yoo Capital.
The redevelopment project will see changes to the existing exhibition halls and will add 51,000sqm of office and co-working space to the site. The centre will also house a four-screen arthouse cinema, a 1,000-seat performing arts space, a 1,500-seat theatre, 900sqm of performance and rehearsal space, a jazz club-style restaurant and venue, shops, cafés, hotels and new public space, including pedestrianised squares and a sky garden.
The transformation of the Olympia London site is expected to create over 3,000 construction jobs over the next five years – with the site welcoming its first tenants in 2023 – and predicts that 5,400 new jobs will be created for the local area upon completion.
Pell Frischmann’s division director of structural and civil engineering, Mike Hitchens, said: “We are excited to be working on the redevelopment of the Olympia estate, with its many challenges it is a real opportunity for us to show what we can do.
“The site has a rich history and is an important landmark for UK industry and the local community – and the project will create the latest go-to destination in the capital with not just an exhibition centre but a wealth of public realm and creative facilities.”