Travelodge to open at St Modwen's Edmonton Green
St Modwen is to develop a Travelodge hotel at its Edmonton Green shopping centre in North London.
The developer announced today that it has signed an agreement with Travelodge for the 73-bed, 20,000 sq ft hotel. Travelodge will take a 25-year lease of the hotel.
St Modwen said the deal represented a £4.5m investment in the shopping centre. It has already been granted planning permission for the hotel and construction is expected to start in early 2011,
Edmonton Green, which includes retail and a leisure centre, currently attracts 200,000 visitors a week. It is expected that the hotel would open next autumn.