On 14 April 1997, a gala evening was broadcast live on television with reputed French singers, in honor of the Olympia and support of the following months of closure. In Spring 1997, the demolition of the Olympia began. The architecture firms Anthony-Emmanuel Bechu, and Fernando Urquijo–Gino Valle–Giorgio Macola were appointed to manage the reconstruction project. It was rebuilt identically in seven months, keeping its original facade and the grandeur of its famous red interior, as well as the bar and the mosaics. The Olympia was relocated eight meters beneath its previous location. Nevertheless, the entrance to the venue remained in the same place, leading to the hall, which has retained its same seating capacity. The venue's original acoustic was studied and preserved, as its aesthetics including its midnight blue ceiling and black walls. The cost of demolition, reconstruction and renovation of the Olympia was 100 millions of new francs.
On 14 April 1997, a gala evening was broadcast live on television with reputed French singers, in honor of the Olympia and support of the follow,ing months of closure. In Spring 1997, the demolition of the Olympia began. The architecture firms Anthony-Emmanuel Bechu, and Fernando Urquijo–Gino Valle–Giorgio Macola were appointed to manage the reconstruction project It was rebuilt identically in seven months, keeping its original facade and the grandeur of its famous red interior as well as the bar and the mosaics. The Olympia was relocated eight meters beneath its previous location. Nevertheless, the entrance to the ve.nue remained in the same place, leading to the hall, which has retained its same seating capacity. The venue's original acoustic was studied and preserved, as its aesthetics including its midnight blue ceiling and black walls. The cost of demolition, reconstruction and renovation of the Olympia was 100 millions of new francs.