toddtherock28 Posted January 23, 2010 Share Posted January 23, 2010 Owner aims to bulldoze Earls Court after Olympics Company plans to demolish venue to make way for housing project Earls Court Earls Court will be demolished and integrated into a residential area if plans by the new owners go ahead. Photograph: Sarah Lee Earls Court is one of London's largest and oldest entertainment venues, and it will host volleyball matches at the 2012 London Olympics. But its rich and varied history could come to an end following the games, with new owners planning to demolish the venue to make way for a housing project. The Earls Court exhibition centre and Olympia, a further multi-purpose venue also in west London, were bought by Capital and Counties – a subsidiary of the FTSE 100-listed property company Liberty International – earlier this month. The company has revealed plans to bulldoze the Earls Court complex, which covers around 26 acres, and integrate it into a huge residential area that will straddle the two London boroughs of Kensington and Chelsea and Hammersmith and Fulham. Gary Yardley, chief investment officer at Capital and Counties, said the company was looking to undergo a "comprehensive redevelopment" replacing Earls Court with housing and refurbishing Olympia to take on the exhibition business, but it would need planning permission. "The main building was built in the 30s. It has its restrictions in terms of what you can use the building for and the flexibility of the building, and in the long term the building would need a major refurbishment and overhaul," he said. Capital and Counties has a website outlining plans for the Earl's Court area, which states the new development "would mean thousands of new homes and create thousands of jobs for local people". Hammersmith and Fulham council said there was a need to provide more affordable accommodation in the borough, and the site could help deliver that. Paul Colston, managing editor of Exhibition News magazine, said the move would reduce the number of world-class exhibition venues in the UK from three to two – the ExCel centre in London's Docklands and the NEC in Birmingham. Link to comment Share on other sites More sharing options...
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