Entertainment firm on the look out for contractor for £65m hotel project next to O2 arena

Greenwich O2 ho

Entertainment firm AEG is seeking a contractor to build a £65m 450-bed hotel next to its O2 arena in Greenwich, London.

Industry sources said the client was speaking to contractors ahead of issuing a tender.

AEG was spurred into action by a £500m investment last month by Hong Kong investor Knight Dragon in the wider Greenwich Peninsula scheme, which it will jointly develop with Quintain Estates.

The Lifschutz Davidson Sandilands-designed hotel won planning approval in 2010.

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