Building work has started on a £195 million development in London, which includes what is billed as the first new theatre to be built in the West End for almost 50 years.
Nimax Theatres, which already runs six West End venues, will operate the 600-seat theatre, which will be located above the new Tottenham Court Road Crossrail Station – on the site of the old Astoria theatre.
The entire Soho Place development will comprise a nine-storey building split into three office floors above the theatre and another 10-storey building with retail and office space.
The development is due to be completed in November 2021.
Construction company Laing O’Rourke will deliver the scheme for developers Derwent London.
Planning documents reference construction and fit-out costs in excess of £25 million for the theatre.
Richard Baldwin, head of development of Derwent London, said: “We are very excited about the prospects for Soho Place, which will be a great building in one of the best locations in London.
“We are also very pleased to be working with Laing O’Rourke, who we believe have the capabilities to deal with the complexity of the site.”
Nimax confirmed it would be operating the new theatre but did not comment further.