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LONDON, 1st March 2016- Bandstand Square Developments Limited (BSDL) has today announced the appointment of JLL's Hotels & Hospitality Group to advise on the identification and selection of an operator for the new 190-bed four-star hotels within Victoria Square, the comprehensive mixed-use development on lands to the west of Wolsey Place shopping centre in Woking. BSDL is a tri-partite venture between Moyallen, Woking Borough Council and Surrey County Council.
In addition to the new hotel, the proposals for Victoria Square, which have detailed planning consent, include the creation of 125,000 sq ft of new retail floorspace anchored by a 60,000 sq ft Marks & Spencer store; 392 residential apartments in two towers of 30 and 34 storeys; space for a medical centre; 284 additional car parking spaces, and two new public plazas.
Commenting on the appointment of JLL, Peter Robinson, Managing Director of Moyallen, said: “We are delighted to be working with JLL to secure a new hotel brand for Woking. This prestigious development is an excellent opportunity for a leading hotel brand to secure a flagship site in one of the most rapidly developing towns in the UK.”
Matt Lederer, Vice President in JLL's Hotels & Hospitality Group, added: “This is a great instruction for JLL. This is an opportunity to operate a hotel in not just a fast growing town with a very strong business base, but one that serves central London and its two principal airports. We are confident that there will be substantial demand from leading hotel operators.”
Woking has benefited from significant investment over the last two years, with brands such as Carluccio’s, Bill’s Restaurant and Las Iguanas all making their debut in the town centre. In addition, Côte is currently fitting out its new restaurant, ahead of a planned opening this summer.
Work on Victoria Square is set to begin in early 2017, with completion in 2020.
Notes to editorsCGI attached of Victoria Square
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