UMW Group acquires hotel and culinary center Stadionplein
UMW Group acquires Zuidblok Stadionplein in Amsterdam. The project Zuidblok Stadionplein consists of a new hotel and culinary center with a total floor space of approximately 12,800 sq m. The building will be developed by Vink Bouw and IQNN Vastgoed. The project will be realized on the Stadionplein, a square opposite of the historic Olympic Stadium in the Southern part of Amsterdam.
Zuidblok Stadionplein will consist of a culinary center on the ground and first floor and a hotel with sixty hotel apartments on the second and third floor.The underground car park will have room for 221 parking spaces.
The hotel is leased to City ID Group, founded by Otto Jurgens , a hotel entrepreneur from Amsterdam. The culinary center is leased to Amsterdam Hospitality Development, a well-known catering operator (caters among others for the Stedelijk Museum Amsterdam). Hospitality Development will introduce a new catering concept called ‘The Amsterdam Proeflokaal ', with a focus on the typical Amsterdam cuisine.
The construction of the new building will start mid May 2015. The estimated construction period is approximately 18 months.
CBRE acted on behalf of Vink Bouw and IQNN Vastgoed.
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