Constructed at the zenith of the British Empire, Admiralty Arch is now being restored and transformed for the 21st Century.
A large area of Admiralty Arch will become the capital’s only Waldorf Astoria Hotel, with the associated level of impeccable service and amenities accessible to guests.
There will also be private Residences at Admiralty Arch which have something it is impossible to emulate – the prospect of living in a one of a kind architectural masterpiece, reborn as London’s ultimate address.
- Won the public auction against 28 other bidders
- Assembled a leading team of industry experts including Michael Blair (Blair Associates Architecture), Ron Slade (WSP Engineering), David Mlinaric (Interior Design), Archer Humphryes Architects (Architects and Interior Design), Ramon Pajares (Hotel Advisor), Colin Wagman (Chairman)
- Successfully gained planning permission to 3 asset classes in 2015 for a mixed use scheme comprising of a Hotel, Residences and Private Members’ Club.
- Extended the lease from 125 years to 250 years
- Further increase of planning in 2017 and 2020: Obtained planning permission for an increase in floor space of up to 20% thereby maximizing sources of income and the overall value of the building
- Created significant new basement area to accommodate a ballroom, swimming pool & spa increasing investment value
- Executed the full construction of the ground works and structure which expanded the envelope by 30% from c.135,000 sq to over c.205,000 sq ft
- Successfully completed 3 financing rounds, including securing final funding for guaranteed completion, enabling the project to be completed and opened
- £20M Capital Guarantee over 10 years signed with Waldorf Astoria as an operator
- Ongoing relationships with key stakeholders including: Her Majesty’s Government, The Royal Parks, Westminster City Council, Transport for London, English Heritage, The Metropolitan Police and more