Staycity Group announces new Wilde Aparthotel near Nine Elms station in London

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Published on 03/07/24 - Updated on 03/07/24

Source: Pexels

Staycity Group, has acquired a site near Nine Elms Station in London SW8 for a new 177-apartment Wilde Aparthotel, close to the restored Battersea Power Station.

The former three-story office block, purchased from Unite Students, will be developed in collaboration with Citygrove, which will manage the initial planning and construction. Staycity plans to secure funding for the £70 million development once planning permission is granted, with construction anticipated to begin in 2026 and completion expected in the second half of 2027. CBRE represented Unite in the transaction, while Staycity and Citygrove were unrepresented.

 “The Nine Elms/ Battersea area has been on Staycity’s target radar following the announcement of the Northern line extension. Since the prestigious redevelopment of Battersea Power Station was completed, attracting the relocation of the US embassy and Apple’s European headquarters, it has become one of the most vibrant and active areas of London. We’re excited to be playing a part in its growth story.” - Neil Short, Staycity Group’s development director for London

The Wilde Aparthotel will offer a mix of studios and one-bedroom apartments, accommodating up to four guests. These self-catering units will feature equipped kitchens, design elements, and touches inspired by Irish playwright Oscar Wilde. The property will include amenities such as a laundry room, 24-hour reception, lounge, café, pantry, gym, and bar.

Staycity Group currently operates six Wilde Aparthotels in Berlin, Edinburgh, Manchester, and three locations in London: Aldgate, Covent Garden, and Paddington. These aparthotels are strategically located near city centers and key tourist attractions, catering to both leisure and business travelers.

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