A city-centre building is to be transformed into a £10m luxury hotel by a chain favoured by Elton, Ronan Keating and Kylie Minogue, the Herald announced January 13, 2006.
The Town House Company, which owns A-list Edinburgh hotels such as Channings, The Howard, The Bonham and The Edinburgh Residence, has bought the former Royal Scottish Automobile Club (RSAC) in Glasgow. It plans to convert the Blythswood Square property into a 109-bedroom hotel with conference facilities, restaurants, bar, leisure club and spa.
Peter Taylor, the firm's chairman, said: "We have long admired this building for its location, historical importance and many fine architectural features.
"The chance to restore the property tastefully into a contemporary hotel, retaining its features and personality is a wonderful opportunity."
A number of hoteliers and developers expressed interest in the property after the RSAC building went into administration. Included in the development will be the restoration of the Rally Bar, named after the Monte Carlo rally, which is reputed to have once started from Blythswood Square.
The building was erected around 1823 and remodelled by James Miller a century later. It is home to extensive wood panellng, feature staircases, marble flooring and Art Deco fittings and fixtures.
Scott Taylor, Chief Executive of Glasgow City Marketing, noted the Town House Company's excellent reputation, and believes there is a real demand for the new project in Glasgow.
Work is to start next month, with the hotel opening for business towards the end of 2007.