Press release on behalf of Marick Real Estate.
At the planning committee meeting held on 15th October Oxford City Council approved the plans for Marick Real Estate to redevelop 38-40 George Street for a new 145 room aparthotel operated by Staycity for their premium brand Wilde. The development will also include a new 400m2 community space developed in partnership with Makespace Oxford, which will be used for a wide range of community activities.
“We are delighted to see these proposals, which will improve the Gloucester Green area and contribute towards the city’s need for more overnight accommodation and community space, and reduce the pressure to turn family homes into short term lets. It will also provide 24 new cycle spaces and public realm enhancements, alongside generating employment and apprenticeship opportunities, which will pay the Oxford Living Wage as a minimum.” Councillor Ed Turner, Deputy Leader and Cabinet Member for Finance and Asset Management
“This is fantastic news for Oxford and supports the Council’s policy to encourage more hotels to open in Oxford city centre to boost the city centre’s economy.” Andrew Heselton of Marick
For any further information please visit the project website.