Nick Jones is opening a Soho House franchise right in the heart of the City’s square mile, turning the impressive Midland Bank building into a members’ club that will feature no less than 252 bedrooms, 7 eateries, a health spa and a vast private hire space. With a nod to Edwin Lutyens, the architect of the original Midland Bank, the latest member of the Soho House family will be known simply as The Ned.
The arrival of The Ned in Spring 2017 will certainly enhance the City’s reputation as a unique international business district where you can work, rest and play. “We like to think we’re ahead of the curve in appreciating that life in the square mile has plenty to recommend it - not least the ‘cool’ factor which is evident in Borough and Spitalfields markets, the shops and restaurants in Devonshire Square and those renowned hipster neighbourhoods in nearby Shoreditch and Clerkenwell” says Peter Moonsam, Director at Dexters City.
The calibre of property available to rent in the City is clearly a reflection of the vibrant neighbourhood it has become. Competitive rental prices on contemporary apartments and warehouse conversions make an attractive prospect if you want to live close to work. Now that the City no longer closes down at the end of the working day, you’ll have plenty to gain in your leisure time too.
“I felt that the City was on the move. There are a lot of things that have changed there over the last 10 years – it used to be that the wine bar was open until 8pm and that was it. Now there’s a vibrant restaurant scene and, if you walk around, it’s a beautiful part of London. It reminds you what real London is.” It’s true; since City A.M. arrived on the scene 11 years ago, the Square Mile has become exponentially cooler.