Hotel deal signed
ISG wins £5.5m Anchor Line conversion
A £5.5 million contract to convert one of Glasgow’s finest city centre buildings into a 64-bed hotel has been awarded to ISG.
It will turn the Anchor Line Building on St Vincent Place, into a contemporary aparthotel for The White Building Development Company.
Designed 110 years ago by Scottish architect James Miller for Anchor Line shipping company, the building’s ground and basement floors are currently home to the Anchor Line restaurant and Atlantic Restaurant, operated by the Di Maggio Group.
Designed by ICA, the conversion proposal secured planning permission in March.
Many of the original features, including glazed tiles, terrazzo flooring, timber wall panelling, safes and fireplaces will remain, though ISG will comprehensively refurbish the six floors, stripping out fixtures and fittings within the building to make way for the installation of mechanical and electrical services and a lift.
The contractor will add a single-storey recessed rooftop extension, sympathetically designed to remain in keeping with the A-listed building. The steel and glass structure will give guests views over the city.
ISG has established a niche specialism in the successful delivery of luxury hospitality projects in Scotland, with a portfolio including the Old Course Hotel, Gleneagles, Trump Turnberry and Cameron House.
Andy McLinden, managing director of ISG’s UK construction North and Scotland business, said: “There is a renaissance in the Scottish luxury hospitality sector, especially in key locations in our urban centres.
“With limited scope for new build developments, this has resulted in growing demand to adapt and transform existing property assets into high-end hotels.
“These often-complex conversion projects present significant construction and logistical challenges and this is why an increasing number of clients are entrusting their schemes with ISG.”
The White Building Development Company Limited is being advised by property consultancy PMP.