Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Thursday 04 October 2018 12:03 pm  |  Updated:  Tuesday 21 May 2019 4:24 pm

Damien Hirst refits his new £40m Soho headquarters, set to open early next year

By: August Graham

Add as a preferred source on Google

NULL

Artist Damien Hirst has a “blank canvas” to rework his new £40m building in the heart of London’s Soho.

Hirst’s new flagship studio and art complex is expected to go through a major overhaul to match his needs and vision before opening in the early part of next year.

The second floor of the new building on Beak Street will be taken out to give it a “cathedral-like” 10-metre high ceiling.

Its art deco facade, which uses more than 100 different bespoke glazed bricks, was part of a £20m three-year development, which Hirst bought for £40m.

The site was formerly an Edwardian-era police station, which had in the past also been used to house unmarried police officers.

The station was the base for officers investigating a series of Soho murders during the Blitz.

Rakan McKinnon, founder of developer Landcap, said: “The bespoke hand-glazed bricks and meticulous architecture create the perfect inspirational environment for the creative group of Damien Hirst.

“This new art destination, helps to bring back the artistic energy and creativity Soho was so renowned for.”

Farid Alizadeh, of co-developer Enstar Capital, said: “This project has been an incredible journey from inception to delivery. The result is extraordinary and a real architectural gem.

“We are delighted that our unique development will be home to the most celebrated living British artist.”

The studio was reportedly bought through Hirst’s art production company Science (UK) Ltd, which has recently laid off 50 employees.

“These changes are not driven by a need to reduce costs but by his desire to cut the corporate elements of the business to get back to a simpler way of working,” a spokesperson told the Art Newspaper.

Hirst, who at one point employed 250 people, is famous for selling over £100m of art at auction the same day as Lehman Brothers filed for bankruptcy.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Media

Related Topics

Trending Articles

  • Burnham tax plans spark investor rush to bank capital gains

  • Brewdog chief executive quits after only one year

  • Nothing fails to file accounts months after dissolution threat

  • UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle

  • Cruyff turn: Starmer allows pubs to stay open for England World Cup game

More from City PM

  • Inside the trippy French vineyard owned by ousted Claridge’s billionaire 

    Life&Style
    Former Claridges billionaires French vineyard with lush grapevines and scenic landscape in a business feature.
  • Soho killjoys are the worst kind of Londoners

    Opinion
    LONDON, ENGLAND - JANUARY 19: A woman walks past the Raymond Revuebar in Soho on January 19, 2015 in London, England. A growing number of campaigners, including Stephen Fry, are pushing developers and representatives of Westminster Council to preserve the area's unique identity, which they fear is being lost as the area is gradually redeveloped. (Photo by Carl Court/Getty Images)
  • Heinz sandwich ‘automat’ to flog sarnies in Soho for just 57p

    Life&Style
    Heinz ketchup bottle with iconic label on a wooden table, emphasizing brand recognition and classic product design
  • Concern as gambling black market set for £40m Royal Ascot boost

    Sport Business
    GettyImages 2282074836 showing a significant event with key figures in a professional setting, highlighting a major develo...
  • Everton ‘surprised and angered’ at losing £40m legal case with Burnley

    Sport Business
    GettyImages 2272351712 showing a business meeting with diverse professionals discussing strategies around a conference table
  • ‘It’s gone’: How a social housing scheme left amateur investors £40m out of pocket

    Property
    The Renter's Rights Bill was debated in the House of Commons on Monday
  • Oxford St vs the Square Mile: a tale of two cities

    Opinion
    Bustling Oxford Street with shoppers and iconic red buses on a vibrant day, capturing the essence of Londons famous shoppi...
  • How do you teach a robotaxi London? Waymo explains

    Tech
    Getty Images logo on a building facade, symbolizing brand presence in the media and photography industry.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy