BT Group sells London's BT Tower for £275m to MCR Hotels for repurposing into a hotel.
BT Group sells London's BT Tower for £275m to MCR Hotels, repurposing the iconic structure as a hotel. The 1964 Grade II listed tower, once crucial for network operations, has become obsolete due to the shift to digital services. MCR Hotels plans to collaborate with Heatherwick Studio for the hotel project, with BT gradually vacating the premises over the years for design development and community engagement.
February 21, 2024
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