Great Scotland Yard, an historic landmark where London police once tried to solve the grisly murders carried out by Jack the Ripper, will be turned into a luxury hotel where rooms will cost a whopping £10,000 a night.

The building is set to undergo a major £50 million ($78 million USD) refurbishment that will turn London’s first police headquarters into an ultra-luxurious hotel property that will span seven storeys.

Opulent suites, two bars, restaurants, a library, lobby and entertaining room will occupy more than 92,000 square feet (8,550 square meters) of space.

Developers say they’ll preserve the building’s Edwardian Imperial red brick and stone facade as well as its name, The Great Scotland Yard, in order to build on the landmark’s storied history.

Inside, the decor will be “contemporary and stylish.” In addition to a five-star setting, the hotel will aim to attract guests with its rich history: It was here that, in the late 19th century, British police officers pored over notes and revisited the grisly murders committed by Jack the Ripper.

The station is also immortalized by novelists such as Charles Dickens and Sherlock Holmes author Sir Arthur Conan Doyle.

The hotel is scheduled to open in early 2017.