Staycity plans London Blackfriars 25-storey aparthotel

The scheme, purchased from Swiss Life Asset Administration, can be designed by EPR Architects and developed by Citygrove.

Work is because of begin in June 2027 and end in March 2030, topic to planning.

The positioning at 203-208 Blackfriars Highway is near Southwark station and can home a mixture of studio and one-bed serviced residences with absolutely fitted kitchens. A café bar, lounge, store and co-working area are deliberate at floor and mezzanine stage.

The deal follows Staycity’s Wyvil Court docket, Vauxhall acquisition, including to a central London pipeline now valued at over £800m.

Andrew Fowler, Staycity’s chief improvement officer, stated the Southwark transfer marked a milestone, boosting Wilde’s capital presence alongside present websites in Aldgate, Covent Backyard, Liverpool Avenue and Paddington.

Staycity at present operates 6,500 aparthotel rooms with 4,500 extra within the pipeline, signing round 2,000 keys a 12 months throughout Europe.