Brothers Simon and David Reuben have submitted a planning application to Westminster Council to turn 94 Piccadilly, SW1, formerly the In and Out club, into a hotel.
The new planning application means that the property tycoons have axed previous plans to turn the 60,000 sq ft property into the UK’s most expensive residence. It would have been worth £250m.
The brothers bought the property for £100m in 2012 but have since struggled to make progress on the development.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
