From Wikipedia: The owners of Earls Court and Olympia are Capital and Counties. They are presently in discussion with the boroughs of Hammersmith and Fulham and the Royal Borough of Kensington and Chelsea to demolish the existing centre and redevelop the area with up to 8000 new flats, retail and possibly a new convention centre. However this is expected to take many years work and the latest date scheduled is June 2013.