Maya Capital is testing whether its consented Bavaria House scheme should become a Liverpool Street hotel tower alone, in a City corner already thick with corporate demand.
The owner of an approved 45 storey tower next to Broadgate wants to know whether it should be a hotel and nothing else.
Bavaria House stands at 13 to 14 Appold Street, EC2A, a few minutes from Liverpool Street. Maya Capital, a London investor, bought the site for around £60m from Chinese backed Giant Mind Properties. Giant Mind had put it on the market through Savills and CBRE in October 2024, inviting offers over £75m. Before that it belonged to Masterworks Development Corporation, the New York firm behind the Club Quarters brand, which sold in 2021.
What is already approved
Hackney’s planning sub-committee backed the current scheme in September 2015 and permission followed the next March. The Greater London Authority’s report sets it out as 46 storeys and 156 metres, with a 392 room hotel above 11,270 square metres of offices.
By the time the site changed hands, the numbers had moved. Sales material in 2024 described 340,085 square feet in total, a 416 key hotel across 26 upper floors and 88,286 square feet of office space.
Taking the offices out would push the room count higher again. No figure has been published, and neither has a height for the revised design. Budget brand Motel One has been named as the likely operator, though no party has confirmed it. A hotel only tower would also need fresh planning permission, and none has been sought.
Why the location matters
Appold Street sits between Broadgate and Liverpool Street. That is the City’s densest corporate catchment, and it is on the Elizabeth line.
Hotel supply in the immediate area leans upper mid market. Several hundred more keys at a keener price point would give travel managers something the City rarely offers, which is choice.
None of it is imminent. A full application has yet to be submitted, and towers of this size are measured in years rather than seasons. But the direction of travel is worth noting. An owner looking at one of the best connected corners of London has concluded that the hotel, not the office, is the part worth building.
