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The tower has just been bought by American company MCR Hotels for £275m.

A Camden Councillor has said the BT Tower conversion could “place pressure” on the local area.

The tower has just been bought by American company MCR Hotels for £275m.

Speaking to City News about the conversion, Councillor Adam Harrison said that:

“The first thing residents in Fitzrovia will want to know is what the impact of a hotel operation here would be and how this can be managed.

“Higher numbers of visitors will place pressure on the immediately adjacent streets.

“I would hope any development here would contribute to improving the streetscape here, which on the specific block hosting the BT Tower is somewhat bleak and unwelcoming.

“We have made good progress in the Tottenham Court Road area to green our streets and make them more people-friendly – we need to apply that here too”.

Mr Harrison also raised concerns over the location of the proposed hotel:

“The site is also located at the junction of a major rat run – Clipstone Street and Maple Street.

“This makes for an unpleasant environment and so I hope the new owners will want to address this too”.

What’s happening to the tower?

The BT Tower was sold on Wednesday to US hotel business MCR Hotels for £275 million.

The 177-metre-tall communications tower will be converted into a hotel open to the public.

The tower became the tallest in London upon its completion in 1964 and initially housed a top-floor revolving restaurant.

Designed by architects Eric Bedford and G.R. Yeats, the tower was commissioned by the General Post Office.

The grade II listed structure closed to the public in 1971 following a bomb explosion.

BT Tower / Post Office Tower
BT Tower viewed from Euston Square, August 1966. (AP Photo/Sidney Smart)

BT Group property director, Brent Mathews, responded to the sale of the BT Tower yesterday, saying:

“This deal with MCR will enable BT Tower to take on a new purpose, preserving this iconic building for decades to come.”

The tower’s microwave aerials were removed over a decade ago.

Network operations previously provided by the BT Tower are now completed through BT’s fixed and mobile networks.

MCR Hotels owner Tyler Morse welcomed  yesterday’s purchase, saying:

“We are proud to preserve this beloved building and will work to develop proposals to tell its story as an iconic hotel, opening its doors for generations to enjoy.”

MCR Hotels say BT will “take a number of years to vacate the premises”.