Pavilion (co-working business club) explained
Pavilion is a British business members' club co-founded by the UK property entrepreneur Jon Hunt and his daughter Emma. It opened under the name "Dryland" on London's Kensington High Street at the end of 2011, offering work space.
History
Media coverage of Pavilion's launch centred on the firm being one of the first public projects for Jon Hunt following his sale of Foxtons[1] in a May 2007 deal that made him one of the wealthiest people in the UK.[2]
Hunt has said that he originally entered the serviced office business only by accident, after buying a 1970s office building in London's Battersea district that he intended to convert into residential homes, only for planning officials to refuse permission for residential use.[3]
Concept
Pavilion claims to be the first "premium offering" in the serviced offices sector, providing members with private dining by in-house chefs and a concierge service.[4] The Financial Times describes Pavilion as providing "...the atmosphere of a private members club and the hospitality of a five-star hotel."[5]
In December 2015 the club launched at its premises The Ivy at Pavilion brasserie, a sister restaurant to The Ivy.[6]
Locations
The first Pavilion club opened on Kensington High Street at the end of 2011. The Hunts plan to expand the concept.[7] [8]
Notes and References
- News: Foxtons sale nets founder £370m. The Guardian. May 21, 2007. The founder of London's largest estate agency Foxtons today sold the business to a private equity firm in a deal believed to have netted him a windfall of around £370m. Jon Hunt, who is thought to own 97% of the business, agreed a deal with BC Partners, reported to be worth up to £400m. The two companies did not provide any financial details..
- Web site: Blackhurst. Chris. What Foxton's Founder Jon Hunt did next. Evening Standard. 26 July 2012. 15 September 2010. He has been lying low ever since, adding to his already considerable fortune.
- Web site: Packard. Simon. Foxtons Sale Fuels Hunt’s Move Into London Luxury Workspace. Bloomberg. 31 May 2012. “It was a total accident,” he said, when asked how his Dryland venture started..
- Web site: Monaghan. Angela. Jon Hunt Targets Luxury Offices for Spolit Businessmen. The Daily Telegraph. 3 December 2012. "Foxton founder Jon Hunt's latest venture has added a luxury sparkle to the traditional serviced offices model".
- Web site: Freedman. Lisa. Best addressed. Financial Times How To Spend It. Pearson. 10 October 2012. September 26, 2012. [Hunt's] noticed that, however generous your living quarters, working at home is not everyone’s cup of tea..
- News: The Ivy: new restaurants with no booking necessary. 2015-08-27. Evening Standard. 2017-03-01. en-GB.
- Web site: Davidson. Andrew. Notting Hill estate agent returns to his old manor. https://web.archive.org/web/20131219074628/http://www.thesundaytimes.co.uk/sto/business/Companies/article863793.ece. dead. December 19, 2013. The Sunday Times. News International. 10 October 2012. 29 January 2012.
- Web site: Packard. Simon. Foxtons Sale Fuels Hunt’s Move Into London Luxury Workspace. Bloomberg. 26 July 2012. 31 May 2012. Dryland seeks to combine prime office and business-lounge facilities with a luxury hotel-style service...the first club has a cafe, library and terrace as well as a conference center and meeting rooms..
