Developer Piercy & Company Secures Permission for New Boutique Hotel in London’s Hatton Garden

Main Photo: The site for the new Hatton Garden hotel

Date: August 2019

Location: Vine Hill, Hatton Garden, the jewellery quarter in London, UK

Name: TBA

No. of Keys: 146

Seller: The eight storey hotel will be part of a wider development project that includes a new housing block and the restoration of the Victorian Ragged School Building to create 25,000 sq ft of workspace.

Buyer: Developer Clerkenwell Lifestyle – parent GMG Real Estate, has secured planning permission to create a new 146-bedroom hotel in the historic Hatton Garden Conservation Area.

The hotel is said to be the first UK site for a ‘leading European boutique hotelier’ and is scheduled for completion in August 2021.

The design for the site on Vine Hill was developed in close consultation with Camden Council through a series of rendered street views.

The eight storey hotel features a contemporary, but heavily textured, deep facade of folding cast masonry piers, set against a view of the Ragged School’s historic crenelated tower.

There will also be a series of new publicly accessible external courtyards inspired by Clerkenwell’s many tightly knit streets and alleys.

Stuart Piercy, founding director of architects Piercy & Company said, “This is a sensitive and important site in the heart of Clerkenwell and one of several new boutique hotels designed by Piercy & Company. The consent is for a complex programme of complementary uses of hotel, workspace and affordable homes. Each has a distinct character that helps the proposal sit within the varied and historic streetscape.”

GMG Real estate is an investment management firm with a dedicated team of experienced professionals and a track record of investment and value creation in urban mixed-use real estate in the UK, Switzerland, Germany and Portugal.

Piercy & Company works with some of the UK’s leading developers, including Argent, Brockton Capital, Berkeley Group, Derwent London, Helical, Landsec, Qatari Diar and Stanhope, alongside private clients, community organisations, corporate occupiers and hoteliers.

THPT Comment: Enterprising venture for Clerkenwell Lifestyle and their architects relatively new entrants to the hotel scene, albeit well-versed in iconic London architecture.

First Seen: Boutique Hotelier

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