Starboard Hotels and Union Hanover Securities have teamed up to create a five-star 244-bed boutique hostel in Liverpool's Cavern Quarter. With funding from BridgePoint Ventures and IPINGlobal, the pair have bought Quintain's 23,000 sq ft Kansas Building opposite the Cavern Club, famous for hosting The Beatles. It is due to open in summer 2013.

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LIM broadcasts 17V site sale
LaSalle Investment
Management has instructed
CBRE to put ITV's South Bank
studios up for sale. The
434,000 sq ft building is let to
I TV for a further 56 years at an
annual rent of £1.5m. The
broadcaster is understood to
be looking for 100,000 sq ft
elsewhere on the South Bank.
Beckwith sets out stall in Soho
Peter Beckwith's PMB
Holdings has been selected to
partner Westminster council
on the regeneration of Berwick
Street Market, W1. PMB beat
competition from Soho Estates,
Henderson Global Investors
and Shaftesbury to redevelop
the market and row of 12
shops and offices. Plans will be
submitted next April.
Goldenberg Real Estate is
advising PMB; Lambert Smith
Hampton acted for Westminster.
DJD wins Camden mandate
Drivers Jonas Deloitte has won
the race to sell Camden
council's new HQ at King's
Cross, N1. Marketing will begin
in the new year. A price of
around £30m is expected to be
sought.
Darlington revamp deal signed
Terrace Hill has signed an
agreement with Darlington
council to redevelop a 1.9-acre
former bus station as a £30m
leisure complex. The 140,000
sq ft Feethams scheme
will include a nine-screen
cinema, a hotel, restaurants,
bars and shops. Plans will
be lodged early next year
with completion expected by
December 2014.
Posh hostel for Beatles quarter
Starboard Hotels and Union
Hanover Securities have
teamed up to create a five-star
244-bed boutique hostel in
Liverpool's Cavern Quarter.
With funding from BridgePoint
Ventures and IPINGlobal, the
pair have bought Quintain's
23,000 sq ft Kansas Building
opposite the Cavern Club,
famous for hosting The
Beatles. It is due to open in
summer 2013.
33 www.estatesgazette.com