London is to have its first new producing theatre since the National Theatre opened in 1976. Hampstead Theatre has won a major £9.85 million capital grant from the Arts Council of England for a new landmark development, the total cost of which will reach £15million. The Theatre's currrent building, a portakabin erected in 1962 to last 10 years, is nearing collapse and work on the new venue, which will be sited close to the existing theatre, is about to commence. Designed by Bennetts Associates, the new theatre, which will open in late 2002, will be translucent, with an adaptable elliptical aditorium.

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