The University of Leicester's Students' Union concluded negotiations with Academy Music Group to open a new O2 Academy music venue and club in Leicester in September 2010. The 1,450 capacity O2 Academy Leicester will be located on the university's campus as part of a £15 million redevelopment of the Students' Union building. In addition, two smaller performance spaces called O2 Academy2 Leicester and O2 Academy3 Leicester will be opened to cater to the local music scene and allow multiple shows to take place simultaneously.