PADDINGTON BASIN MASTERPLANSeptember 1, 2019
DEVELOPMENT | Hotel
Led by developer Concierge 3, a consortium of BSW Land & Property, StayCity and The Pickstock Group, this part of the scheme is the final stage of the Paddington Basin Masterplan and part of a wider investment which has seen new offices, shops, homes and leisure facilities being built over the last few years revitalising this unique location.
The new development is expected to open late Summer 2021 and will be constructed on an existing two-storey basement and feature a 373-bed Premier Inn and a 247-bed StayCity aparthotel across 19 floors. The development will also deliver 27,000-square-feet of social and community floorspace.
The project will create both short- and long-term jobs and with the upcoming launch of the Elizabeth Line will further support the economic regeneration as Paddington continues to grow as a hub for business users as well as leisure visitors to the City.