Starwood Hotels & Resorts Worldwide has announced plans to bring its W Hotels brand to Scotland with the W Edinburgh. Opening in 2021, the 214-room hotel will be the centerpiece of TH Real Estate’s 1.7-million-square-foot Edinburgh St James development, which is slated for completion in 2020.
Designed by Jestico + Whiles, working with Allan Murray Architects, the 12-story building will have a unique façade crafted from a winding steel “ribbon.”
The Edinburgh St James development will see the shopping center currently on site replaced with retail space, a movie theater and up to 250 new homes, as well as the W Edinburgh. The project will support the city’s tourist industry, which contributes an estimated £260 million to Edinburgh’s economy each year.
The hotel will be marketed to complement the W London - Leicester Square, which opened in 2011.
TH Real Estate is an investment management company that specializes in real estate equity and debt investment worldwide. The company is owned by TIAA-CREF with £584 billion in assets under management as of March 2015. Launched in April 2014, TH Real Estate has offices across America, Asia and Europe, representing an estimated £17.4 billion of real estate assets.