I head from the chap who's running the Artworks/Elephant Park shipping containers retail/work outlet that theres a plan to build another hotel on 137-139 Lower Marsh.
This is what I found:
Union Hanover Securities has secured a site in Waterloo at 137-139 Lower Marsh, SE1, with a plan to develop a 160-bedroom hotel.
The company, which has partnered with Trac Properties, has signed a 30-year lease with Network Rail to develop a hotel using ship containers. Restaurant MEATliquor will lease part of the ground floor.
Union managing director Eric Jafari said: “Fringe locations house a lot of creativity and attract the type of tenants that create an authentic cultural feel, which eventually leads in many cases to reliable property growth.
“More importantly, the London property market in the past six months has continued to skyrocket to what we see as unsustainable levels and, in our opinion, the only places to purchase development sites are in the fringe.”