US-based hospitality company Morgans Hotel Group (MHG) has revealed plans to launch Europe's first Mondrian-branded property at the iconic Sea Containers House in London.

The 652,000sq ft (60,573sq m) office building, which is located on the South Bank, is set to accommodate a 360-bedroom hotel and is expected to become the brand's sixth property.

Due to open in 2014, facilities at the hotel are to incorporate an "innovative restaurant" and ground floor and rooftop bars conceived by the Light Group, as well as a spa.

MHG has revealed that it will spend around £9m (EUR10.6m, US$14.1m) of "key money" into the project, which is the third Mondrian management agreement announced this year.

Earlier this year, the group announced its plans to launch Mondrian-branded hotels in Doha, Qatar, and Nassau, The Bahamas, as part of efforts to expand the business.

MHG chief executive officer Michael Gross said: "Sea Containers is an exceptional property in a key gateway city that will allow us to serve our guests for business and pleasure throughout the year.

"Morgans was specifically selected by the property's owner, Archlane, to develop and manage Mondrian London, which is a testament to the appeal of our lifestyle management and the strength of the Mondrian brand."

Jonathan Ofer of the Deerbrook Group, which advised Archlane, added: "We believe Morgans under the Mondrian brand will create a special destination at Sea Containers."

Image: Sea Containers House – Gary Houston