TIQ Stratford – New East London Hotel Development
JOINT venture partners Lend Lease and London & Continental Railways (LCR) announce that they have exchanged on the first commercial deal at The International Quarter, Stratford City.
Starboard Atlantic Hotels LLP, a joint venture between Starboard Hotels and Union Hanover Securities, has unconditionally exchanged to purchase the site to build a 275,000 sq ft hotel of up to 500 bedrooms, comprising the design-led Urban Villa extended stay hotel and an upmarket internationally branded hotel. A reserved matters application will be submitted later this year with the complex scheduled to open in 2016.
The 18-storey hotel complex will overlook the former London 2012 Athletes’ Village, now known as East Village. It is also directly adjacent to Westfield Stratford City, Queen Elizabeth Olympic Park and Stratford International station, providing hotel guests with a unique retail, leisure, entertainment and workplace destination benefiting from unrivalled access to the City, West End and Canary Wharf.