Our plans reference the history of this important hotel and seek to regenerate a key gateway to the city centre.
There are strong arguments for bigger and better hotel facilities in central Cambridge. The City is a severely undersupplied hotel market with growing demand for corporate visitors and tourists not being met by improvements in the quantity and quality of hotel rooms in the City centre. The Cambridge Hotel Futures Report was commissioned in 2012 by the Cambridge City Council seeking to understand better how to encourage and provision for new hotel space to meet anticipated demand over the next 20 years. Since new City centre sites are hard to come by, much of this additional stock cited as necessary by the report must come from refurbishing and expanding existing hotels. We believe our plans are key to alleviating this undersupply problem in Cambridge.
We believe that the project will make a positive contribution to an important gateway into the City centre. It will open up and improve the relationship between the street and the entrance of Parker’s Piece. It will create a destination and place for people to meet in the City centre.
Furthermore the plans will see an improvement to the traffic flows on Regent Street and Park Terrace with a new and improved servicing plan. The Porte Cochere will make more obvious the currently confusing and hazardous traffic flow coming into and out of the hotel and all parking will be by valet at the side entrance on Park Terrace.
If we get planning consent, the hotel will comprise:
— A new, neo-classical façade along Regent Street and Park Terrace replacing the 1960’s building
— The new buildings set back considerably from the street with a new Porte Cochere providing better visibility and sightlines for road users on Regent Street. This will help manage dropoffs and pick-ups whilst expanding the existing pavement and improving the western corner entrance to Parkers Piece
— A new destination bar and restaurant, with new access directly onto Parker’s Piece to be designed by a world-renowned interior designer
— 190 rooms of excellent quality
— A new dedicated service bay on Park Terrace to improve arrangements for hotel servicing and improve the traffic flow
The project will offer a host of local benefits:
— Around 70 new hotel rooms, desperately needed in Cambridge to help it meet its economic potential, hosting visitors for business, academic and leisure purposes, as outlined in the Cambridge Hotel Futures Report 2012
— A major improvement to the Parker’s Piece and Regents Street area, improving not only architectural aesthetics, but also traffic flows and visitor footfall. This is a major gateway into Cambridge – it deserves more great architecture
— A new restaurant and bar, which will be designed for the use of Cambridge residents
— A £50m direct investment in the local economy, with tens of millions more through the construction multiplier effect, benefiting local suppliers
— Up to 100 new jobs within the hotel and many more through the construction supply chain.