A former Glasgow hotel located in Finnieston is to be transformed into luxury student accommodation.
Leeds-based developer IconInc have announced that they will create up to 140 luxury apartments in Glasgow by September 2023, with the new accommodation located on the former Lorne Hotel site on Sauchiehall Street.
The hotel, which also operated the Bukharah Restaurant and the Bilberry Cocktail Bar, ceased to trade as of May 2021, following the appointment of administrators. It was then sold back in December.
Noor Ahmed, Head of IconInc, explained: “We’re delighted that our future vision for expansion is taking shape with firm plans in place to introduce the brand to Glasgow as well as extending the development in Lincoln.
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"Offering design-led, superior quality and affordable accommodation is at the heart of what we are all about and we strive to provide the best possible experience of student life.
"We are currently in a number of high-level discussions for other future sites and have further ambitious plans to replicate the success of our four existing properties. We believe there is nothing that rivals our incredible accommodation and know there is a huge demand for luxury student living.”
The Glasgow deal forms part of IconInc’s plans to introduce developments in all major university cities in the UK and Europe.
