Olympia’s £1.3bn redevelopment set to inject over £600m into UK economy

Olympia redevelopment to boost economy by £600m annually - Access All Areas

Opening in phases later this year, Olympia London will benefit the UK eceonomy by more than £600 million and attract 3.5 million people to events per year, according to economic consultancy Volterra. The £1.3bn redevelopment of the 139-year-old Olympia London venue, owned by Yoo Capital and Deutsche Finance International, will result in the opening of a huge exhibition facility along with an AEG Presents-operated, 4,000-capacity, purpose-built l…

Olympia’s £1.3bn redevelopment set to inject over £600m into UK economy

Olympia’s £1.3bn redevelopment is set to inject more than £600m into the UK economy, according to a new socioeconomic data by leading economic consultancy, Volterra. The data echoes the Mayor of London’s recently published London Growth Plan, which highlighted Olympia as an internationally significant visitor destination, with it forecasted to directly attract 3.5m annual visitors to its historic event spaces, new hotels and performance venues. …