Criterion Capital, a UK-based property investment company, has selected an online collaboration platform by Aconex to develop the London Trocadero pod-style hotel.
Originally built in the late 17th century, the London Trocadero hotel is situated in the London Trocadero entertainment and shopping centre in between Leicester Square and Piccadilly Circus.
The hotel project, which is valued at £10m, is being developed by London Trocadero Limited (LTL), a business unit of Criterion Capital.
The new development includes upgrading the existing complex with 583 modular lodging pods, each measuring between 9m² and 17m².
Each pod will feature a double bed, 42in plasma-screen TV, Wi-Fi access, lighting and temperature controls, and access to an ‘en suite’ bathroom.
The hotel will also include a rooftop bar and restaurant.
Criterion Capital development head Michael Hughes said the company selected Aconex because of its extensive experience and track record of delivering successful commercial construction projects.
"With Aconex, we’ll be able to reduce project risk by controlling processes and information flow across the entire project team," Hughes added.
"Managing all tasks, documents and correspondence through a single, secure collaboration system will help us avoid bottlenecks that cause schedule delays and drive up costs."
Aconex Europe, Middle East and Africa (EMEA) general manager Hervé Hamelin said the London Tracadero is one of many projects secured by the company in the UK over the last year.
"We’re pleased to have established a strong working relationship with Criterion Capital and look forward to helping our client deliver high-quality results on schedule," Hamelin added.