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    Development

    Hotel plans as part of £360m Coventry development

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    Plans for a hotel and new restaurants in Coventry have been revealed as part of a £360m development at City Centre South. Coventry City Council has approved the appointment of the Shearer Property Group for the 818,000-sq-ft mixed-use development in January. The firm has already worked on schemes such as the Parkway shopping centre inread more

    Financing secured for Four Seasons Napa Valley

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    Photo: KELSEY HARRINGTON | C&R COMMUNICATIONS Bald Mountain Development and Alcion Ventures have announced $165 million (£134 million) in construction financing for the five-star Four Seasons Resort and Private Residences Napa Valley; slated to open early 2019. Initial site work has begun on the hotel and 20 two, three and four-bedroom residences with vertical constructionread more

    London’s deepest hotel basement ‘bottoming-out’ ceremony

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    On 17th February, Edwardian Hotels London will celebrate the ‘bottoming-out’ of its bold new development in Leicester Square. The project, a four-sided island site, is to be transformed into a 350-room property, complete with leisure facilities, an Odeon cinema complex and a restaurant below ground. There will be an additional eight levels above ground. Theread more

    New £24m ‘floating complex’ planned for Bristol

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    The Manor Property Group is planning on building a 125-bed luxury hotel and floating restaurant overlooking Bristol’s St Augustine’s Reach as part of a £24m development of the Bordeaux Quay area. The developer said it was “in discussions” with the Intercontinental Hotel Group-owned Hotel Indigo to launch a boutique hotel as part of a touristread more

    Generation completes $215m hotel portfolio recapitalisation

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    In October, the Generation Companies, a Raleigh, North Carolina-based real estate developer, owner, asset manager and operator of extended-stay hotels, completed a $215 million (£172 million) recapitalisation of its hotel portfolio. The funding consolidates four Generation-led partnerships totaling 23 hotels into a new partnership formed between Generation and affiliates of StepStone Real Estate (SRE). Theread more

    Introducing HGU New York – a landmark hotel reborn

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    Alfa Development, one of Manhattan’s leading real estate companies, will be opening its first boutique hotel project, HGU New York. Alfa Development has invested $18 million in renovations of HGU New York, located in the NoMad District at 34 East 32nd Street. The hotel will manifest the city’s history through its original architecture, curated artread more