StockMarketWire.com - PPHE Hotel Group said it had received planning consent from Hackney Council for an improved and final development scheme of its wholly-owned art'otel london hoxton development.

The total gross development of the scheme was 32,246 square meters over 27 floors.

The site, located on the border of Shoreditch and Hoxton, was a mixed-use scheme and would now consist of five floors of office space and 17 floors comprised of 343 hotel rooms and suites.

The remaining five floors would include a gym, swimming pool and wellness facilities, as well as art gallery space with an auditorium and event space on the 24th floor.

Work on the site would take place from April 2019 and the development was expected to open in 2023.




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