Staycity plans London Blackfriars 25-storey aparthotel

AI Article Summary
Staycity Group plans to build a 25-storey tower for its Wilde Aparthotel brand at Blackfriars Road in London. The project, designed by EPR Architects and developed by Citygrove, is due to start in June 2027 and finish by March 2030, pending approvals. The site will offer a mix of studio and one-bedroom serviced apartments, a café bar, and co-working space. This development enhances Staycity's presence in central London, valued at over £800 million.
What This Means for Canadian Contractors
This project shows how international developers are confident in London's long-term growth, despite economic uncertainties. For Canadian builders, this means opportunities to learn from large-scale urban projects with mixed-use elements. Collaborations with European architects and developers could offer new insights into streamlined construction processes and potentially influence Canadian urban planning strategies.