'Historic' London office space to be turned into £34m luxury hotel
Tuesday, December 7, 2021
Plans to return London's 15th Old Bailey back into the Holborn Viaduct hotel are expected to go ahead after developers secured a £34.3million loan from OakNorth Bank for the construction.
The hotel was the first in London to feature electric lighting, but became the office space it is today in the 1900s. The area is to be reconverted from an office space back into a luxury 110-bedroom hotel, featuring a speakeasy bar, a levantinish-focused restaurant and gym.
Boscalt Hospitality 'We're excited to bring this new hotel concept to market whilst preserving the building's unique legacy and its 19th Century features.
The hotel integrates the best market standards of sustainably and will feature a speakeasy bar and Levantine open kitchen restaurant concept.
It is being developed as part of the joint venture of Boscalt Hospitality, a subsidiary of Edmond de Rothschild's private equity group, and a real estate company created by entrepreneur Alex Shamash.