KOP Group, Singapore, announced on Wednesday that its proposal to turn London’s historic 10 Trinity Square building into a hotel has been approved by municipal authorities.
The building, jointly bought in 2010 by subsidiary KOP Properties and Reignwood Group, Beijing, will be converted into a 120-room hotel operated by KOP Hotels Resorts, another subsidiary, that will also feature 41 residences.
“We are delighted to confirm our exciting plans to transform 10 Trinity Square into a destination address within London. Our vision is for 10 Trinity Square to become a new global destination in of the City of London, with a very British DNA and a timeless, classic appeal,” said Leny Suparman, KOP Properties CEO.
The 10 Trinity Square building, located adjacent to the Tower of London, first opened in 1922 as the Port of London Authority headquarters. Its purchase marked KOP Group’s first property in Europe. Architectural firm Woods Bagot has been appointed to helm the renovation of the building, set for completion in 2014.
“The original design was approved in 1912 and exactly 100 years later we have embarked on securing its next century as one of the capital’s finest hotels and residence developments,” said Rob Steul, principal at Woods Bagot. “The scheme restores the original plan form which was lost in The Blitz, and creates a dynamic courtyard space which serves as the public heart of the hotel.”