London's BT Tower sold for £275m to become a hotel

London's iconic BT Tower, a symbol of the city's skyline since its inauguration by Prime Minister Harold Wilson in 1965, is undergoing a significant transformation. Sold for £275 million, the 177-meter (600ft) structure will be converted into a hotel following its acquisition by MCR Hotels from BT Group.

According to a report on BBC, originally erected as a communication hub for television broadcasters, the BT Tower held the title of London's tallest building for 16 years until the construction of the NatWest Tower in the City of London. Over the years, it served as a vital conduit for transmitting calls, messages, and TV signals across the nation.

The sale announcement has garnered positive reactions from architectural preservationists. C20, an organization dedicated to safeguarding architectural heritage, expressed hopes for the restoration of the tower's iconic revolving restaurant, once a popular attraction offering panoramic views of central London.

Dubbed the Post Office Tower upon its inauguration, the tower's relevance in communications gradually waned with advancements in technology. The removal of its microwave aerials over a decade ago marked a shift in its operational focus.

Despite its historical significance, the tower endured moments of adversity, notably a bomb explosion on its 33rd floor in 1971, attributed to the IRA. Security measures were subsequently heightened, and public access to the viewing platform was restricted.

Designated as a Grade II listed structure in 2003, the BT Tower also gained notoriety for its inclusion in lists of London's "ugliest buildings." Nevertheless, it found fame in popular culture, featuring prominently in films, literature, and television productions.

Tyler Morse, CEO of MCR Hotels, expressed pride in preserving the tower's legacy and outlined plans to repurpose it as an iconic hotel destination. Catherine Croft, director of C20 Society, welcomed the endeavor, emphasizing the tower's significance as a cultural landmark of the 1960s.

For many in the communications industry, BT's decision to sell the tower symbolizes the end of an era. Ben Wood, a technology analyst at CCS Insight, noted the building's impracticality and maintenance challenges but highlighted the allure of staying in such an iconic structure.

As the BT Tower transitions into a hospitality venue, it marks a new chapter in its storied history, promising to offer guests an unforgettable experience steeped in architectural and cultural heritage.

[With information sourced from BBC]