It’s impossible to miss if you hop off the train at Vesterport Station. 

Adorned with pretty much all the colours of the rainbow since it was given a makeover by late painter and sculptor Poul Gernes in 1989, the Palads Cinema building is one of the most recognisable landmarks in Copenhagen.

But that could change in the not-too distant future.

Palads owners Nordisk Film has teamed up with visionary architecture firm Bjarke Ingles Group (BIG) for a proposal that will see the century-old building torn down and replaced by a modernised multi-level office building flush with cascading roof-top terraces.

READ ALSO: DSB development could spell end of iconic cinema in Copenhagen

Funding and approval needed
The building, titled Palads 3.0, will also have a cinema beneath the 14,300 sqm office space areas, as well as 8,000 sqm of space in the basement. 

However, there is still a long way to go. 

The project, which is expected to cost over a billion kroner, still requires funding and approval from Copenhagen Municipality.