Starboard plans to build a 275,000 square feet hotel complex to comprise up to 500 bedrooms and overlooking the East Village, the former London 2012 Athletes' Village. It will be located adjacent to Westfield Stratford City, Queen Elizabeth Olympic Park and Stratford International station. A reserved matters application for the scheme will be submitted later this year.
The International Quarter is a mixed-use scheme being developed by Lend Lease and Government-owned LCR. In addition to the hotel, plans for the site include four million square feet of office accommodation, homes and community facilities. Lend Lease said it will submit a planning application this year for the first 350 homes which, subject to consent, are expected to go on sale early next year.
“This deal represents a decisive step for both The International Quarter and the Olympic legacy," said Lend Lease managing director of development Mark Dickinson in a statement. "The Starboard Atlantic brand offer is an ideal fit for the new commercial hub we are creating in Stratford, which capitalises on the world-class infrastructure which was put in place for the London 2012 Olympics and is one of the best connected places in London.”
Starboard Hotels managing director Paul Callingham also welcomed the deal. “The Olympic Park has become one of the most iconic venues in London and plans for creating a legacy on the site will ensure that it remains a key hub for both business and leisure in East London," he said.