Entire substructure and 90% of suiperstructure to be maintained in redevelopment

A plan to convert a grade II-listed Art Deco office building in the City of London into a hotel has been given the green light.

Studio Moren’s proposals, drawn up on behalf of developer-operator Dominus and investment manager Cheyne Capital, would see 250,000sq ft of office space turned into 382 hotel rooms.

Built in the mid-1930s, Ibex House is located at 42-47 The Minories, near Aldgate, Fenchurch Street and Tower Hill.

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How the revamped building will look

The scheme would retain all of the building’s substructure and 90% of the superstructure.

Plans include more than 50,000sq ft of public space, a conference centre with a ballroom, meeting spaces, a new cafe, and the upgrading and reopening of the current close Peacock pub. The ground floor will also include an on-site hospitality academy.

The hotel is expected to open in late 2028.

Studio Moren replaced AHMM on the scheme last year after the latter’s plan to update the 1937 building’s office space to modern standards were submitted by previous joint venture partners Dukelease and Henderson Park and approved in 2022. But the section 106 agreement for the application was never signed.

The new project team includes Origin on costs, DP9 on planning, Meinhardt on structures, Iceni on heritage, Pell Frischmann on transport, Spacehub on landscape, Montagu Evans on viability, GIA on daylight, Concilio on comms and Mola on archaeology.