The building was demolished just six years later, in 1989, to make way for the Olympia & York development of Canary Wharf which now occupies the site.

The opening of the studios was commemorated with a programme called Celebration which featured host Gary Wilmot and artists including Bonnie Langford.

The two studios were contained in suspended concrete boxes mounted on independent giant springs to reduce external vibration, and fitted out.

The new studios quickly became the venue of choice for many of the independent production companies making programmes for the new Channel 4.

Among the many programmes made at the studios at that time were Who Dares Wins (1983–88); Treasure Hunt (1982–89), including a celebrity episode in 1985 where the studio itself was the final "treasure" location; Janet Street-Porter's youth television series Network 7 (1987–88), broadcast live from the unconverted parts of the warehouse building; and Whose Line Is It Anyway?