Abu Dhabi based LuLu Group buys the Great Scotland Yard, the original Scotland Yard headquarters which was the location for investigating the Jack the Ripper murders as well as the spot in which Lord Kitchener told army recruits “Your country needs you” when it was later a British Army recruitment office during the first world war.
Indian billionaire Yusuffali Kader’s LuLu Group bought the property from British developer Galliard Homes for £110 million ($170 million). Under the deal, LuLu Group will refurbish the building and transform it into a 92,000 sq ft 5-star hotel. The hotel will be operated by Steigenberger Hotel Group.
The hotel will comprise an as yet unspecified number of luxury bedrooms, as well as two bars, restaurants, a library, lobby and private meeting, entertaining and dining rooms all with 24/7 concierge service.
An adjoining Grade II Listed Victorian townhouse will be incorporated into the hotel and converted into an entertainment suite.
The hotel will retain the property’s Edwardian Imperial facade but the interior design will be contemporary and stylish, Galliard Homes revealed on Sunday.
Construction is already 30 percent complete with interior fit-out scheduled to start in March 2016. The hotel is targeted to open in the first quarter of 2017.