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Developer Dominus, in partnership with Cheyne Capital, will transform Ibex House into a 382-key full-service hotel.<\/p>\n
Built between 1935 and 1937, the Grade II-listed building at 42\u201347 The Minories sits close to Aldgate, Fenchurch Street and Tower Hill and is regarded as one of the City\u2019s standout Art Deco commercial buildings.<\/p>\n
The approved scheme will see the vacant offices repositioned as a market-leading hotel designed by Studio Moren, with a heavy emphasis on retention and reuse. <\/p>\n
Plans keep 100% of the existing substructure and around 90% of the superstructure, cutting embodied carbon while restoring key historic features.<\/p>\n
More than 50,000 sq ft of public areas are planned, alongside a large conference centre with ballroom and flexible meeting spaces, a new caf\u00e9 and the restoration and reopening of the historic Peacock pub at ground level.<\/p>\n
The development also includes a new on-site Hospitality Academy, delivered in partnership with Springboard, aimed at training local people and those facing barriers to employment. <\/p>\n
The hotel is scheduled to open in late 2028 and will be operated by Dominus\u2019 in-house hotel platform as it continues to grow its central London portfolio.<\/p>\n
Preet Ahluwalia, chief executive officer at Dominus, said the scheme would bring a long-vacant building back into productive use while celebrating its Art Deco heritage.<\/p>\n
The wider professional team includes Iceni Projects, Meinhardt Group, Spacehub, Pell Frischmann, Montagu Evans and Concilio.<\/p>\n<\/p><\/div>\n