Yoo Capital has submitted a planning application for the restoration of The Saville Theatre at 135 Shaftesbury Avenue in London.
The company acquired the site in 2021 and intends to restore the theatre to its former glory. The plans for the site have been designed by SPPARC and include the restoration and repair of the building’s distinctive Art Deco façade.
Yoo Capital is working with Cirque du Soleil Entertainment Group to introduce a “one-of-a-kind artistic experience” to London and the developer also intends to deliver a new citizenM hotel and a comprehensive F&B offering provided by Incipio Group, at the site.
Lloyd Lee, managing partner at Yoo Capital, said: “The Saville Theatre is steeped in experiences and heritage, having played host to many of the world’s most iconic entertainers over the years. We are delighted to be taking the next step in the theatre’s history, submitting plans that will restore the site to its former glory with the ambition to be the home of another iconic live performance group for years to come.
“We are committed to revitalising The Saville Theatre for the future and creating the next chapter of its story within the legendary West End skyline, and providing benefits to the local community.”
Trevor Morriss, principal architect at SPPARC, added: “Our plans for The Saville Theatre will ensure this renowned venue synonymous with pivotal cultural moments in history will once again become a focal point for London’s creative scene.
“It has been a pleasure to work collaboratively with many stakeholders including the local community and Yoo Capital to devise a scheme for world class performance, complementing the surrounding area with a new theatre of the highest quality for live performances, while restoring and protecting a valuable piece of the city’s history, both culturally and architecturally.”
