The Art Deco building on Station Road that was originally built for the North Metropolitan Power and Electricity Company in 1925 is being turned into an affordable hotel for actors. It will also become a cultural hub and already has links with The Royal Court Theatre and the London International Festival of Theatre. You can read more about this here.
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And here's an update, with much fuller information:
http://www.seventhsister.london/2016/03/11/green-rooms-art-hotel/