Friday, July 24, 2009

Receivers called in for half-finished Foster-designed hotel

The half-completed £25m hotel on the Strand designed by Lord Foster of Thames Bank has gone into receivership after more than six months of inactivity.
PricewaterhouseCoopers (PwC) has now been appointed receiver on controversial 11-storey development on the Strand, central London, which was to house a five-star hotel and 79 luxury apartments.

Read more:
http://www.caterersearch.com/Articles/2009/07/24/328880/receivers-called-in-for-half-finished-foster-designed-hotel.html

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