Park Inn Glasgow, West George Street, Renfield Street, Scottish Hotel
Park Inn Glasgow City Centre : Pearl Assurance Building
Hotel on West George Street, Strathclyde, Scotland – Redevelopment
12 Apr 2012
Park Inn By Radisson Glasgow City Centre
The Pearl Assurance Building, on the corner of West George Street and Renfield Street, is to be transformed into a 90-bedroomed Park Inn, report the Evening Times today.
The deal comes less than a year after the city’s only Park Inn, in Port Dundas Street, next to Buchanan Bus Station, closed ahead of a major upgrade into a new hub offering student accommodation. It had formerly been Langs Hotel.
Work on the new Park Inn was already under way when the previous owner went into administration.
The building has now been bought from West George Street Properties LLP by Hotel Land & Development (Glasgow) Limited, which was responsible for the Park Inn development in Manchester.
The previous owner of the Glasgow building had already started work on transforming it into a hotel and that work will continue.
Keith McBain, associate director of Jones Lang LaSalle Hotels, which provides hotel investment, advisory and asset management services and completed the sale on behalf of joint administrators Blair Nimmo and Gerard Friar, said: “We understand the developer will be continuing with the comprehensive refurbishment of the hotel element to form a 90-plus guest room Park Inn. And we also understand an agreement to let the former Zizzi bar restaurant unit to a leading restaurant company has also been agreed.”
The Pearl Assurance Building was regarded as one of the city’s most opulent office buildings with marble fittings and an expensive art collection.
Pearl Assurance announced four years ago that its Glasgow office was being moved to Birmingham after the company’s £3.6billion takeover of rival Resolution Life.
Previous location for Park Inn Glasgow:
Park Inn Glasgow
Address: 2 Port Dundas Place, Glasgow G2 3LD
Langs Hotel building image © Adrian Welch
Langs Hotel
City centre ‘designer hotel’, Langs Hotel Glasgow had 100 bedrooms, 2 restaurants – Las Brisas and Oshi, 2 bars, 3 meeting spaces, 1 spa.
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