The City of London Corporation has approved a £191 million funding package for essential repairs and upgrades to the iconic Barbican Centre. The decision, made by the Court of Common Council, will support the first phase of the five-year Barbican Renewal Programme.
The funding represents about 80% of the amount needed for the initial phase, which aims to modernise the Grade II-listed arts venue while preserving its unique brutalist architecture. Improvements will focus on accessibility, energy efficiency and updating outdated systems in the 40-year-old complex.
A major fundraising campaign, set to launch in 2025, will seek additional support to complete the restoration of key public spaces, including the foyers, lakeside terrace and conservatory. The project aims to enhance community engagement and meet net-zero commitments.
Construction is expected to begin in 2027, with the first phase completed in time for the Barbican’s 50th anniversary in 2032. The renewal is part of the City Corporation’s broader strategy to strengthen the Square Mile as a world-leading business, culture and leisure destination.
Chris Hayward, City Corporation Policy Chairman, emphasised the Barbican’s role in London’s cultural landscape, noting its £86 million annual contribution to the UK economy and support of around 1,100 jobs across the capital.

