UK: Masterworks Development Corporation has submitted plans for a 45-storey tower in the City of London which will house its Club Quarters business-focused hospitality brand.
Architect Kohn Pedersen Fox (KPF) has drawn up plans for the office and hotel building on Appold Street next to the Broadgate development
The proposals have been submitted to the London Borough of Hackney by Appold Broadgate Owners, a subsidiary of New York-based Masterworks Development Corporation. The tower will house around 10,855 square mtres of office space and a 392-bedroom Club Quarters hotel.
The Club Quarters concept is aimed at business users. It offers a range of rooms, suites and apartments, dependent on the length of a guest’s stay. Local companies can become members of Club Quarters and benefit from guaranteed availability, lower rates and use of office facilities and meeting rooms.
Club Quarters currently has four properties in London, as well as full service hotels in New York, Boston, San Francisco, Houston, Philadelphia, Chicago and Washington DC.
The Appold Street scheme was reviewed by Hackney’s design review panel in March. According to the planning design statement submitted with the application: “The subsequent feedback concluded that it welcomed the development and improvements to the scheme since the previous review. The design direction is looking more confident and expressive, and with continued design development this proposal could be effectively translated into an iconic piece of architecture.”
Around 10 per cent of the office floorspace will be offered at affordable rents for small businesses, while a small boutique hotel will also be included, along with a restaurant.
If planning permission is granted, work could start in November, with an opening date scheduled for 2019.
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