Starboard Atlantic Hotels has announced that it will be building a new 18-storey hotel complex in Olympic Park.
The grounds, which is the site of the former 2012 Olympic Park, will now be home to a 275,000 sq ft venue. The 22-acre site will feature a 500-bedroom hotel and an Urban Villa aparthotel, with guests having easy access to Queen Elizabeth Olympic Park, Stratford International train station and Westfield Stratford City.
The scheme, which is being developed by Lend Lease and government-owned firm London & Continental Railways, will be built after planning permission is approved, and will hopefully be opened to the public in 2016. The hotel complex will be part of a wider 'International Quarter' that will boast 350 new homes, 52,000 sq ft of shops and restaurants, and vast office space. Councillors hope that this major development will create a large pool of hospitality jobs for the local region.
Paul Callingham, managing director of Starboard Hotels, said: "We are thrilled to have secured such a prominent site for a hotel in the heart of the Park, close to Westfield and Stratford International. The Olympic Park has become one of the most iconic venues in London and plans for creating a legacy on the site will ensure that it remains a key hub for both business and leisure in east London."
Mr Callingham added that the firm is already in talks with a series of brand partners for the hotel. Starboard Hotels is currently rolling out it's 'Urban Villa' scheme across the UK, with five key city centre sites secured so far and over 950 units in development for the next five years.
Starboard Atlantic Hotels is a joint partnership between Starboard Hotels and real estate firm Union Hanover Securities.
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