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May 27, 2009

etc.venues continues expansion drive with £600k investment in new venue

Despite the tough economic climate, a UK venue group is pushing ahead with its expansion plans.

Etc.venues has created Illuminate, a new event space next to its existing London Bridge venue Prospero House. The venue will open in August this year and have a capacity of 300 for a range of event types. The property is currently undergoing major refurbishment after a £600,000 investment.
Illuminate @ Prospero House will be created out of a period building near the trendy Borough market, maintaining the traditional facade while creating an ultra modern event and conference space inside.
The new development takes etc.venues into a wider market, as the size of the room, technical capabilities and layout will allow for product launches, dinner events, parties, awards ceremonies and conferences requiring space for larger sets. 

While the venue will be linked to Prospero House next door, providing greater flexibility and an extensive range of breakout spaces, Illuminate will also have a separate entrance and registration area. 

Up to 20% of the overall budget is focused on the provision of hi-tech AV equipment – even linking the rooms in Prospero House to Illuminate with sound and video.
“Even in current markets there is still a real demand for innovative and well-designed new venues in London,” said etc.venues managing director Alastair Stewart. “It’s a perfect venue for our entrepreneurial outlook and our fast-growing brand, with great light, huge ceiling height and all the etc.venues design touches. It is going to open new markets for us in events with capacities of up to 600 on the ground floor at Prospero House.”

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