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.

 

Virtual Event

HOTEL OPTIMIZATION PART 2 | Now Available On-Demand

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


Suggested Articles

Two conferences traditionally held in the first half of each year are rescheduling for the second half.

Brands have opened new properties in Illinois, Ohio and New York City.

A new entity will combine a number of brands, including Hoxton, Gleneagles, Delano, SLS, Mondrian, SO/, Hyde, Mama Shelter, 25h and 21c Museum Hotels.