London’s Admiralty Arch hotel plans approved

Plans to develop the Admiralty Arch in central London into a luxury hotel have got the green light from the Westminster Council, according to Construction Enquirer. What it means: developer Prime Investors Capital can start the renovation job early next year turning former offices into a 100-room hotel and private members’ club.

Renovation designs have been drawn up by London-based Blair Associates Architecture.

The redevelopment is part of the government’s strategy to operate a more efficient government estate and raise over £1 billion for the taxpayer by selling buildings and land no longer needed.

The 99-year lease agreement signed between the Government and PIC will raise £60m from the sale of Admiralty Arch’s leasehold.

The arch was commissioned by King Edward VII as a tribute to his mother Queen Victoria and was completed in 1912.

 

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