Newmark Hotels, Residences, Reserves & Lodges is scheduled to launch a new hotel in Cape Town’s suburb of Woodstock. The Stock Exchange will form part of the WEX1 development, which is located on Albert Road opposite the Woodstock Exchange and in close proximity to the well-known Old Biscuit Mill. The WEX1 development is a mixed-use building including residential units, restaurants, a swimming pool, a gym, an entertainment deck and retail outlets.
Comments Neil Markovitz, MD of Newmark Hotels, Residences, Reserves & Lodges: “The Stock Exchange’s refreshing look and feel will certainly align with Woodstock’s trendy atmosphere. We are confident that guests are going to fall in love with this captivating hotel, which will form part of Newmark’s Residences Portfolio. We look forward to its opening with great anticipation.”
The hotel will include 33 apartment-style rooms, namely Studios, Studio Deluxe units and Two-Bedroom Apartments. The rooms will be split into three distinct themes, namely Urban Jungle, Urban Art and Urban Pattern. The greater interior design principle celebrates local talent and a connection with the vibrant neighbourhood. As such, furniture and décor items in the Stock Exchange’s rooms will be pinpointed on a “design map” of Woodstock, enabling guests to purchase similar goods and support the region’s artisans.
The Stock Exchange is scheduled for completion in March 2019. Visit www.newmarkhotels.com for further information.