The Project Loop team celebrated an important milestone with customer AEG, Crosstree, The O2 and consultants involved with the project.
The £35m project comprises of a 50,000 sq ft extension to the existing Cineworld and a 30,000 sq ft trampoline park Oxygen. The cinema extension will deliver additional screens as well as contain the latest 4Dx technology. The trampoline park will be the 11th in the UK and the first of three new Oxygen sites in London.
The development will complete the loop of space around The O2 arena and this will result in attracting a further four to five million visitors to the venue each year.
Phil Pringle, McLaren Construction’s Group Executive Director said: ‘’We are very proud to have been selected to deliver Project Loop. This milestone achieved is proof to the hard work of the McLaren team and our excellent working relationship with our customer AEG.’’
Mark Sowerby, Project Director, McLaren Construction added: ‘’A lot of teamwork and diligence has gone into ensuring we are on track and completing the circuit of The O2. This will be a fantastic addition to the leisure offering in an already vibrant and important entertainment destination at in North Greenwich.’’
Alistair Wood, EVP Real Estate & Development, AEG Europe said: “We have developed a great working relationship with McLaren and are very pleased to be working with them. This has been a complex and technical project which McLaren have shown great focus and resource in delivering to date. Once complete, it will further enhance The O2 as a world leading leisure and retail destination.’’
Project Loop is due to be completed in December 2018.