Cape Town’s Woodstock will soon boast a new hotel, to be managed by Newmark Hotels, Residences, Reserves & Lodges. The hotel will be known as the Stock Exchange, forming a part of the WEX1 development – a mixed-use building that will additionally comprise of residential units, restaurants, a swimming pool, a gym, an entertainment deck and retail outlets.
The greater building is located on Albert Road opposite the Woodstock Exchange and in proximity to The Old Biscuit Mill; designed by Vivid Architects and developed by Signatura, in partnership with Indigo Properties.
The Stock Exchange will include thirty-three apartment-style rooms, namely Studios, Studio Deluxe units and two-bedroom apartments. The rooms have been split into three distinct themes; Urban Jungle, Urban Art and Urban Pattern.
The development is ideally located close to a MyCiTi bus stop, bicycle lanes and a train station, allowing for easy access to Cape Town’s various tourist attractions.
“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” commented Neil Markovitz, MD of Newmark Hotels, Residences, Reserves & Lodges.
The Stock Exchange is scheduled for completion in March 2019.