Fladgate advises 4C Hotels on The Minories Estate

Our team: James Fry

Fladgate LLP advised 4C Hotels Limited on the £32.5m purchase of The Minories Estate in Aldgate, London back in 2012 and the site has now been granted planning consent for a mixed use scheme comprising over 500,000 square foot of development.

The high quality mixed use scheme proposes a new residential building with 87 apartments, a new office building, the re-use of 16 Minories as a hotel, retail units and public open space. A section 106 agreement was entered into to secure various contributions as well as for 27 of the residential units to be affordable. 4C Hotels Limited will now proceed to develop the site over the next 2 years.

Fladgate senior associate Susanna Weatherstone advised 4C Hotels on the section 106 planning agreement and partner James Fry continues to advise on related property development matters.

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