The project will create more than 3,000 new construction jobs over the next five-year build programme.<\/p>\n
Key features of the project include:<\/strong> Chairman of YOO Capital John Hitchcox said: \u201cNot only is this great news for London \u2013 it\u2019s also an example of a British project with European investment creating jobs and opportunities in spite of the current economic and political climate.<\/p>\n \u201cWe are proud to announce this plan and press \u2018Go\u2019 on a \u00a31bn project that will transform Olympia London into a global force in arts, entertainment, exhibitions and events.<\/p>\n \u201cWe will achieve all of this with minimal disruption to the hundreds of inspirational events that will continue to take place at Olympia London during the transformation.\u201d<\/p>\n Gavin Neilan, Co-Founding Partner of DFI, commented: \u201cWe are delighted to announce that planning consent has been granted for our \u00a31bn transformation of Olympia London and look forward to working with our partners to support the exhibition business and unlock the tremendous potential within the iconic estate.\u201d<\/p>\n
\n\u2022 A 1,500-seat theatre
\n\u2022 A 1,000-seat performing arts venue
\n\u2022 Two hotels
\n\u2022 A four-screen cinema
\n\u2022 670,000 sq ft of creative office space, including new co-working space
\n\u2022 Upgrades to the existing spaces to turn Olympia London into one of the world\u2019s top
\nexhibition and event centres
\n\u2022 A 200,000 sq ft logistics centre<\/p>\n<\/div>\n![](\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/intersteel_mpu_advert[1].gif\"\/)
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