Event space provider etc.venues is doubling the size of one of its main venues in central London as it also looks to expand to continental Europe.
The UK-based company, which was acquired by Convene earlier this year, is spending £4.3 million to double the meeting space at 155 Bishopsgate in the heart of London’s financial district.
The project will add 20,000 square feet of conference space on the building’s second floor. The main room will accommodate up to 475 delegates alongside a galleria and lounge with capacity for up to 51 exhibition stands.
Nick Hoare, managing director of etc.venues, said: “Following the news of our acquisition by Convene, we start the partnership as we mean to go on – by expanding rapidly.
“Our UK and New York City businesses have thrived since the end of the pandemic and bookings for 2023 are strong so we are keen to bring more space to this buoyant market.”
Etc.venues is also due to open its third location in New York City later this month and now offers more than 40 locations when combined with Convene’s portfolio.
“Convene and etc.venues has an extensive pipeline for London and the US,” added Hoare. “However, the newly combined UK businesses offer a platform for European expansion via M&A, organically and working with forward-thinking landlords on providing building amenities.”