Staycity, the Dublin-based serviced apartment operator, has announced the signing of a 35-year lease on a site in London’s Covent Garden, giving the brand 106 studio apartments that will open in December 2015.
The design will spearhead a ‘deluxe’ Staycity brand planned for premium city centre locations.
The interior design will be handled by Dublin-based Heneghan Peng Architects, whose previous commissions include the Grand Egyptian Museum in Egypt, the Giant’s Causeway Visitor Centre, and the School of Architecture in Greenwich, London.
Tom Walsh, Staycity’s CEO, said: “Covent Garden will be an exciting place for Staycity to operate. It’s a location surrounded by four and five-star hotels so the aim is to give our guests the eye-catching cutting edge feel of a top-end hotel, while offering [the] fantastic value-for-money of a serviced apartment.”
Staycity currently has over 1,000 apartments across eight European cities including Birmingham, Dublin, Edinburgh, Liverpool, Manchester and London. The company aims to expand to 5,000 apartments over the next five years.