- A fund manager aims to transform a secret network of tunnels in London into a popular tourist attraction.
- Angus Murray reveals his $269 million plan to revitalize the extensive tunnels in an interview with Bloomberg.
- “Who wouldn’t want to visit here?” Murray asks, asserting that the tunnels are as significant as the London Eye.
Fund manager Angus Murray plans to invest millions in transforming a network of hidden tunnels beneath London into a sought-after tourist attraction.
In an article published by Bloomberg, Murray unveils his $269 million proposal to rejuvenate the extensive tunnel system, known as the Kingsway Telephone Exchange.
Murray purchased the tunnels from British telecommunications company BT Group, which has owned them since 1986, according to the BBC.
“Where else in London can you find 8,000 square meters of historic novelty with a reconstruction valuation in the billions?” Murray asks excitedly, speaking to Bloomberg.
Constructed in 1940, the tunnels lie approximately 100 feet beneath central London, as reported by the BBC.
Originally built as air raid shelters during World War Two, the tunnels were later used by MI6, the UK’s foreign intelligence service, and served as a telephone exchange center between the White House and the Kremlin during the Cold War, according to the BBC.
Urban explorers have documented their explorations of the tunnels and the various rooms they have discovered.
Murray’s ambitious plans for the space include collaborating with entertainment giants like Warner Bros. Discovery to create movie-themed exhibits and restoring artifacts in the tunnels to provide visitors with a glimpse into history.
The London Tunnels, Murray’s company, aims to establish the “deepest licensed bar” in London within the tunnels, offering a unique experience where customers can enjoy Vesper Martinis while feeling the rumbling of the London Underground directly above them, as stated on the company’s website.
The Kingsway Telephone Exchange is just one of the many tunnels beneath London. The London Transport Museum frequently organizes tours of abandoned underground stations.
Murray is confident that the renovated tunnels will become a major tourist attraction, comparable in iconic status to the London Eye.
“Who wouldn’t want to visit here?” Murray asks during a tour of the tunnels with Bloomberg last month.
Representatives of The London Tunnels have not yet responded to a request for comment from Insider, sent outside of regular business hours.
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