KOP Properties has been granted planning permission for the conversion of 10 Trinity Square in the City of London into a 415,000 sq ft (gross internal area) development, granted by the City of London.
The joint venture with Reignwood Group – the highly successful Beijing-based investment group with a diversified portfolio of luxury lifestyle products and services worldwide – will see the transformation of this historic Grade II* landmark building.
Key points of note:
The redevelopment of 10 Trinity Square will comprise 41 luxury serviced residences, a 120 guest room hotel, restaurant, two bars, members’ club and a spa, with works beginning in Q3 2012 and completing Q4 2014
Details for the designer of the 41 residences will be announced later in the year
Eminent international design practice, David Collins Studio, will consult on the design of only the following:
hotel public areas, guest rooms and suites
a destination bar
LTW Designworks is responsible for designing the spa
2012 marks 100 years since the original building design by Sir Edwin Cooper was approved (in 1912); 10 Trinity Square officially opened in 1922 as the Port of London Authority headquarters
The first session of the General Assembly of the United Nations was convened on 10 January 1946 in Westminster Methodist Hall. 10 Trinity Square hosted a reception in honour of this meeting.
The 41 serviced residences, ranging between 1,300 sq ft to 9,000 sq ft, will offer a mixture of two to four bedroom units and penthouses distributed over the 3rd to 7th floors of the building
The hotel will be operated by KOP Hotels & Resorts – a subsidiary of KOP Group – and will sit across the ground to 3rd levels of 10 Trinity Square. The 120 key hotel, with rooms averaging 81 sq m/871 sq ft [net internal], will offer 8 suites.
KOP Properties – the award-winning Singaporean property development and investment firm – has appointed international architectural firm, Woods Bagot, to implement a sensitive approach towards the redevelopment of this prominent London site, being careful to preserve the listed elements of 10 Trinity Square. Notable additions to the existing building include the addition of two floors and expanding the public area into the existing courtyard.
Residents will enjoy unrestricted access to the facilities within 10 Trinity Square, including the spa, fitness centre, swimming pool, 24 hour concierge and complimentary membership to the members’ club. Club members will enjoy exclusive access and preferred pricing of products and services within the KOP Hotels & Resorts portfolio and its alliances.
Rob Steul, Principal at Woods Bagot, says: “10 Trinity Square is one of the most iconic Grade II* listed buildings in London and indeed is of national importance given its history of being the first headquarters of the Port of London Authority. 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. 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.”
10 Trinity Square represents KOP Properties’ first development venture into the European marketplace, following award-winning developments in Asia including Hamilton Scotts, Montigo Resorts and Ritz Carlton Residences, Singapore.
The plans for 10 Trinity Square will have a positive impact on the surrounding area, maximising value for the community and bringing a new mix of services and opportunities. Seething Lane Garden, adjacent to 10 Trinity Square, will be upgraded significantly to offer a more inviting public space and aspects of the development such as the restaurant, bars and spa will offer public access.
CEO of KOP Properties, Leny Suparman commented: “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. Surrounded by old world elegance and new age luxury and with unrivalled views of the London skyline, 10 Trinity Square really will be the ultimate destination address in the City, both for residents and visitors to the property.”
CBRE has been appointed as sales agents of the residences. Charles Leigh, senior director, CBRE, comments: “This magnificent building, with its imposing and spectacular architecture and fascinating history, is to become the height of luxury. The City of London is now universally recognised as an area of growth for residential real estate prices but opportunities for high quality developments are limited. The location and the quality of the scheme, make a compelling argument for strong early growth. The opportunity to have a building of this grandeur, with all the benefits that come with having the hotel, residences and members’ club in the same building, with breathtaking views of the Tower of London, Tower Bridge and the River Thames, and to be in the world’s leading financial district, is genuinely unique.”