The FINANCIAL -- Details have been announced of the proposed transformation of the former
home of the Port of London Authority into a luxury hotel.
The planning application for 10 Trinity Square in the City of London outlines the plan to turn the building into 120-bedroom hotel with spa, restaurant, and fitness club and swimming pool, alongside 37 private residences and private members club. Architecture will be by Woods Bagot, with interiors designed by David Collins.
It is hoped that planning permission will be granted in summer 2011, with the hotel opening in 2014.
Overlooking the River Thames, the Grade II-listed 10 Trinity Square property stands adjacent to the Tower of London. It was originally designed in the Beaux Arts style by Sir Edwin Cooper and opened in 1922 as the headquarters of the Port of London Authority. More recently it housed the UK offices of Willis Insurance.
The building is being developed by Bullet Investments, a joint venture between KOP Properties and the Reignwood Group, which together bought 10 Trinity Square last year after previous plans to create a hotel at the location were abandoned.
Based in Singapore, KOP's portfolio of properties include The Ritz-Carlton Residences and Franklyn Hotels & Resorts, an international hospitality management and services company which operates two hotels in London - the 65-bedroom Cadogan and 11-bedroom Durley House, both on Sloane Street.
"We recognise that this is a historical place that is important to the British people and we are committed to upgrade this monument to make it one of London's most impressive buildings," said Dr Chanchai Ruayrungruang, chairman of the Reignwood Group.
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