New York-based Gansevoort Hotel Group is partnering with Douglaston Development, SUSD and Hondo Enterprises to develop an "urban resort" in East London, according to a HotelsMag report.
The group’s co-owner Michael Achenbaum is spearheading the £60m development, financed by the Royal Bank of Scotland, at 45 Curtain Road in Shoreditch.
Works are expected to start on the 120-room hotel in 2014, with an opening slated for 2015.
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Plans include seven luxury suites, a restaurant, a bi-level bar, rooftop swimming pool and lounge, as well as a 24-hour fitness centre, according to the article.