Plans have been approved for a £25 million mixed use luxury hotel development in Glasgow’s Merchant City.
A former bank, shops and the Oriental Bar, a traditional Glasgow pub famous for its karaoke, will be demolished to make way for the 12-storey building on the corner of Trongate and Hutcheson Street. The planning application includes new retail units and a new pub as well as the 157-bedroom hotel with bar/restaurant and roof terrace.
The plans have been submitted by Mosaic Architecture + Design, which is working for developer Caledon Property Group. The same two firms refurbished the neighbouring Grade A listed former bank building into apartments and a coffee shop.
Stephen Mallon, Director of Mosaic, said: “We look forward to leading the delivery team to construct the property through the next phase of this landmark development for the city on a very important site adjacent to the Grade A listed former bank building on the corner of Trongate and Glassford Street, which houses residential apartments and a Café Nero, that we successfully refurbished two years ago for the same client.
“We are confident that this development will be a positive addition to the skyline of Glasgow, fill an important part of Trongate and help revitalise this historically important area of the Merchant City, which will undergo significant change in the years to come.”
Robbie Wotherspoon, director of Caledon Property group, added: “In addition to its attractive mixed retail element, this significant development brings a much-needed hotel into the heart of the historic Merchant City and is set to be a popular and valuable addition to the city’s thriving retail and hospitality sector offerings.”