RED Construction has been officially appointed by The Portfolio Club (TPC), a joint venture between the fifth largest pension delivery organisation globally, APG, and real estate investment advisory, London Central Portfolio (LCP), to deliver the comprehensive transformation of a period building in South Kensington into a premium flexible stay hotel development.
Following an in-depth and collaborative preparatory construction process, the Farringdon-based main contractor will be working with TPC on a complete reconfiguration and refurbishment of the 130,000 sq ft space at 5-25 Harrington Gardens, formally known as the Harrington Hall Hotel.
Due for completion in spring 2022, the first in a programme of new flexible stay residents’ club will feature stylish, beautifully interior designed club flats across nine floors. The new hotel will offer a destination bar and bistro café open to the public, whilst residents and private members will have access to exclusive amenities, such as a fully equipped leisure space with a vitality pool, spa, gym, steam room, sauna, yoga area and treatment rooms. There will also be two private bars: one within a garden courtyard under a newly created atrium providing a light informal environment, the other being a whisky bar located in the vaults with a club-like atmosphere.
Working with TPC for the first time, RED Construction will use its expertise to transform the existing layout to deliver the flexible stay concept with exclusive public and private members areas, in addition to completing various structural alterations, all within a 59-week project timeline. Sustainable elements will be incorporated into the development to receive a BREEAM Excellent certification upon completion, including a living roof, the use of sustainable building materials and technology-enhanced energy efficiency throughout the build.
Graham Sturge, Managing Director of Farringdon-based RED Construction, commented: “This is a landmark project for RED Construction and a high-profile partnership with TPC. Having the opportunity to work alongside the joint venture and input into the development of both the building and the new brand is extremely exciting. We pride ourselves on our unique knowledge and ability to work on complex builds whilst fully understanding and integrating our client’s requirements. Utilising our strong relationships and supply chain we are able to deliver on our entry tendered commitments of cost, quality and programme and this development will be no exception.”
Naomi Heaton, CEO at The Portfolio Club, added on behalf of the joint venture: “We wanted a trustworthy and highly skilled construction firm to deliver our vision of apartment-style living for our hotel guests. RED Construction has significant knowledge of prime London neighbourhoods and has completed projects with similar obstacles to overcome. This, and their understanding of our brand, made RED the perfect partner for this development, which marks the first of a series of acquisitions and the launch of our new hospitality concept.
The announcement follows recent news of RED Construction’s appointment to deliver Brent Cross Town’s Visitor Pavilion, as part of the first phase of the £5bn town centre development, as well as the hire of David Owen MCIOB as Operations Director within the management team in line with RED Constructions’ recent and anticipated growth.
About RED Construction
RED Construction Ltd is a Farringdon based main contractor specialising in Central London projects within the £5m to £30m range. RED undertakes both new build and refurbishment projects and across the commercial, hotel, residential, retail and care sectors.
RED Construction is working with the following project team for the Residents Club Project:
Clients – The Portfolio Club
Project Manager – Zeal Projects
Architect – Falconer Chester Hall
Engineer – Arup
Interior Design – Bergman Interiors
Lighting Design – Into Lighting
Services Engineer – Arup
Cost Consultants – Zeal
Every day APG is busy with something that already concerns millions of Dutch people and one day will concern millions more: pensions. APG strives to provide a good pension in a livable world for all participants, employers and pension funds. Together we work on a sustainable future in which we do not only look at prosperity but also at well-being. Because pensions are about people, life and how we live together. So that we, our parents and our children can enjoy a good income. Today, tomorrow, and beyond.
As the largest pension provider in the Netherlands APG looks after the pensions of 4.7 million participants. APG provides executive consultancy, asset management, pension administration, pension communication and employer services. We work for pension funds and employers in the sectors of education, government, construction, cleaning, housing associations, sheltered employment organizations, medical specialists, and architects. APG manages approximately €573 billion (December 2020) in pension assets. With approximately 3,000 employees we work from Heerlen, Amsterdam, Brussels, New York, Hong Kong, Shanghai and Beijing.
About London Central Portfolio
London Central Portfolio (LCP), a leading real estate investment advisory, was established in 1989 by Naomi Heaton as the first full-service asset management house investing in the private rental sector (PRS) in prime central London. Its services include asset identification, project management, interior design and ongoing operational functions to optimise occupancy and proactively manage its assets. LCP specialises in meeting the accommodation needs of the mainstream visitor, who increasingly tend towards aspirational micro-style living with 24/7 access to service. Its real estate capabilities are underpinned by sophisticated financial modelling and robust corporate governance. www.londoncentralportfolio.com