Starboard Atlantic Hotels has announced signing of a joint venture with Union Hanover Securities. According to the agreement, the hotel company has become the owner of the former 2012 Olympic Park site where it plans to build an 18-storey hotel.
The hotel complex will have the total area of 257,000 sq. m., and it will become a part of the International Quarter in Stratford a 22-acre large complex developed by the government-owned company London & Continental Railways (LCR).
The new hotel centre will overlook East Village and the place that was formerly known as Athletes’ Village. The 18-storey complex will have a four star hotel with 500 guestrooms and the posh Urban Villa apart hotel. The managing organization of the main hotel is not known at the moment, but the developer promises it will be a famous international chain. The complex will be adjacent to Stratford International train station, Queen Elizabeth Olympic Park, and Westfield Stratford City.
Starboard Atlantic Hotels’ spokesman has already expressed his delight with the new deal regarding the building of a hotel complex in the heart of the beautiful park. The Olympic Park has become a very popular venue since the days of the Olympic Games, and even after days of the Games the park is known as a popular place of rest for both business people and leisure visitors.
The Stratford hotel complex is to be opened in 2016. In addition to a four-star hotel and a luxury aparthotel the complex will have high quality restaurant facilities. More details are to be announced closer to the opening date.