The industrial firm, Bouygues have agreed to a £26.6million contract from an American tycoon to build a new boutique hotel in Shoreditch.
This is one of the seven luxury hotels to be built in the boom of Shoreditch hotels.
The luxury hotel on Curtain Road will include 120 rooms, a rooftop pool and a lounge area that will overlook the financial district. The plans also include a wide range of amenities such as six suites, a 24-hour fitness centre and over 6,000 square feet of event space.
Rachel Munro-Peebles, co-chair of the Shoreditch Community Association, said: “We welcome this hotel group, its design is within keeping of the area, and we feel the brand fits well within Shoreditch.
The man behind this project is Michael Achenbaum, president of the Gansevoort Hotel Group in the United States. This is his first venture in the United Kingdom, and he said: “We’ve identified fantastic partners for this project and we’re excited to be bringing a new brand and eclectic energy to the area.”
Achenbaum contacted architects at Dexter Moren Associates and the interior design group Design DMU to collaborate on this heavily budgeted project.
Bouygues UK’s Managing Director for construction in London and the South East, Arnaud Bekaert, said: “Michael is known for his signature lifestyle concepts and I’ve no doubt this new hotel will be equally as popular.”
The SCA work closely with the Regeneration Team and they said: “We feel we understand this area and wish to protect but develop it at the same time.”
The hotel is scheduled to open in the summer of 2016.