Barnet Council officers worked on the feasibility of using the Tally Ho site and brought together partners including Old Bull Arts Centre, Barnet College and Community Focus. After a capital lottery bid failed, The London Borough of Barnet sought a commercial developer to work with. They also contracted ACT theatre consultants to design the theatre spaces. The developers contracted architects Ruddle Wilkinson. The design was a result of close working with the main partners and the artistic vision was developed largely by The Bull Arts Centre's director, Alison Duthie. The developers Taylor Woodrow then developed plans for the Tally Ho regeneration in which artsdepot is located. The people of North London gained a state-of-the-art arts centre with most of the construction costs coming from the commercial development. The site on which artsdepot was built had been empty, apart from a weekly market that was relocated to the nearby Lodge Lane car park, for over 20 years since the Gaumont cinema closed down in 1980 (and later demolished in 1987).