Site to be transformed
Bank building to be replaced by seven-storey Bloc hotel
Bank building will be demolished (pic: Google)
A former RBS cash counting centre opposite Queen Street Station in Glasgow, will be demolished and replaced by a seven-storey hotel.
Bloc Hotels acquired 21 West George Street, known as Dale House, and will complete the transformation of that part of the street where the rail station is undergoing a £120 million redevelopment.
Planning has been granted to replace the existing 1980s building with a hotel and retail space.
Bloc is behind designer hotels at Gatwick Airport and Birmingham’s Jewellery Quarter. Construction is under way on the 25-storey flagship Bloc Grand Central hotel next to Birmingham New Street Station.
This latest addition to Bloc’s portfolio has been purchased from LGIM Real Assets, a division of Legal & General Investment Management. JLL advised Legal & General on this acquisition.
Dominic Mayes, property director at Bloc Hotels, said: “We are really excited to have acquired this site and look forward to delivering Bloc Glasgow to this extremely vibrant part of the city.