PLACEMAKING AGENCY FUTURECITY LAUNCHES AN OPEN CALL TO IDENTIFY AN OPERATOR FOR A BRAND NEW £7M ARTS SPACE FOR LONDON.
Due to open in 2020, ‘The Exchange’ is offered by developer Ashbourne Beech Ltd. on a 25 year lease, at a peppercorn rent and with a guaranteed £500,000 annual contribution towards revenue costs for the first 5 years.
Located in the heart of the Isle of Dogs, the Exchange is imagined as an arts space with a 224-seat auditorium, two further studios, a restaurant/bar and the opportunity for an operator to programme the public realm across the new Crossharbour District Centre.
Interested parties can find further information and the application pack at www.futurecity.co.uk/the-exchange. The deadline for tenders is 10 AM GMT on the 21st April 2017.