Work to begin on Liverpool ONE’s boutique School Lane Hotel
Grosvenor Europe has announced that work on School Lane Hotel, Liverpool ONE’s new independent hotel, will begin this spring. Located in the Russell Building on the corner of School Lane and Peter’s Lane, the new hotel will be operated by Hope Street Hotel Ltd in a joint venture with YPG Developments Ltd.
School Lane Hotel will provide a premium guest experience that complements Liverpool ONE’s wider retail and leisure offer. The hotel will include 50 guest bedrooms, a restaurant with open plan kitchen and rooftop bar, a gym, conference room and coffee lounge. Work is scheduled for completion in early 2020.
Commenting on the proposals, Dave Brewitt, founder and CEO of Hope Street Hotel Ltd, said: “These are exciting plans that will deliver a high-quality hotel in one of the most popular cities for tourism in the UK. In the last ten years, Liverpool’s visitor economy has expanded by 66% and Liverpool ONE is at the heart of that growth. Its reputation for the quality of its offer and the experience it provides for visitors create the perfect setting for School Lane Hotel, a landmark sister destination to Hope Street Hotel.”
Alison Clegg, Director, Asset Management at Grosvenor Europe, added: “We are delighted that Hope Street Hotel has been confirmed as the operator, given their reputation for delivering exemplary service and providing such a high-quality experience for guests. School Lane Hotel is another exciting addition to Liverpool ONE’s unique offer.”
The plans for the boutique hotel are the latest in a series of significant milestones at Liverpool ONE, which celebrated its tenth anniversary last year. Ralph Lauren is to open on Peter’s Lane this spring and Morphe on Paradise Street in the summer, joining Arket, & Other Stories, COS and Armani Exchange in launching flagship stores in Liverpool ONE.
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About Grosvenor Europe
Grosvenor Europe invests in, develops, operates and manages real estate assets and funds, with a focus on vibrant European cities including Paris, Stockholm, Madrid and Liverpool.
Part of the Grosvenor Group, one of the world’s largest privately-owned property companies and active in more than 60 cities around the world, we utilise our local expertise to adopt a far-sighted, value-add approach in order to deliver lasting commercial and social benefit in the places where we are active.
As at 31 December 2017 we managed £2.4bn/€2.7bn of assets, including Liverpool ONE in the UK (which celebrates its 10th anniversary in 2018) and Skärholmen Centrum shopping centre in Stockholm, Sweden. We also have a number of active residential development projects in Madrid, Spain.
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