The opening of a fourth Four Seasons hotel in the UK is now in doubt following the decision to sell the site where it was due to be developed.
Planning permission was granted in January 2011 to Heron International to build a 43-storey tower on Bishopsgate, close to Liverpool Street Station, alongside the Heron Tower, which incorporates the Sushi Samba and Duck & Waffle restaurants on the 38th and 40th floors respectively.
The Four Seasons Hotel and Residences London at Heron Plaza was to be located within the lower levels of the new tower and feature 190 suites. A further 120 branded residences were to be positioned above. It was due to comprise restaurants, conference and banqueting facilities, a gym, spa and swimming pool.
However, Gerald Ronson, chief executive of Heron International has now decided to sell the development site.
While Ronson signed an agreement with Four Seasons Hotels and Resorts in 2009 to develop the property, it is understood that the new owner of the development could either seek a new deal with Four Seasons or choose to install another operator.
Four Seasons currently operate two hotels in London, near Hyde Park Corner and in Canary Wharf, and one in Hampshire.