Starboard Hotels has made the first commercial deal with Lend Lease and London & Continental Railways (LCR) at The International Quarter in Stratford City, which will result in the development of a new hotel complex.

Starboard Atlantic Hotels, a joint venture between Starboard Hotels and Union Hanover Securities, is to build a 275,000sq ft (25,548sq m) hotel.

The hotel will feature up to 500 bedrooms comprising the design-led Urban Villa extended stay hotel and an upmarket internationally branded hotel.

The complex, which is scheduled to open in 2016, will overlook the former 2012 Athletes’ Village, now known as East Village.

It is also directly adjacent to Westfield Stratford City, Queen Elizabeth Olympic Park and Stratford International station.