Magazine London, a new events space, is set to launch in summer 2019 and “change the face of conferencing, exhibitions and live events in the capital”.

Conceived by Venue Lab – a Vibration Group company and creators of Printworks London and Landing Forty Two – Magazine London is a multi-million pound joint investment in a new cultural destination for London.

The ground-up project in the heart of Greenwich Peninsula will stand on the riverbank with views of Canary Wharf and will offer a flexible 3,000 capacity venue (5394 square metres) – a “sleek, modern blank canvas perfect for hosting anything from concerts, conferences, exhibitions, product launches, parties, award ceremonies and dinners”. Catering will be supplied by Moving Venue, caterers for more than 50 of London’s venues from Printworks to Somerset House.

The Magazine London brand was created in conjunction with London’s Carter Studio, the building was designed by architect Nissen Richards whose portfolio includes the V&A Lecture Theatre and Seoul Opera House.

In addition to the indoor space, Magazine London’s USP is the adjoining showground – a landscaped environment on the banks of the Thames boasting 13,985 square metres of space and a capacity of 7,000 – delivering a combined space of 19,379 square metres and capacity of 10,000 opening up the potential for events, brand activations and festivals that require an outdoor element.

Vibration Group has partnered with Knight Dragon, an international property and investment company, to realise Magazine London.

Simon Tracey, CEO of the Vibration Group, said: “Working with Knight Dragon is an incredible opportunity. They are an extremely dynamic company with a proven international track record and developments in four continents.

“London is still very much at the forefront of global conferencing and exhibition market and Magazine, with it’s incredible flexibility both indoor and out, is ground breaking.”

Richard Margree, CEO of Knight Dragon, added: “Magazine London fits superbly with what we’re doing on Greenwich Peninsula – creating a new London underpinned by creativity, a community with culture and entertainment at its heart.

“As well as the hugely successful O2 and the Design District opening in 2020, Magazine London adds another dimension, and another destination, to the emerging Peninsula.”

Construction of Magazine London begins December 2018 with the launch set for summer 2019.