Work is now underway on a new £15m boutique hotel in the heart of Liverpool’s commercial district.
The 151-bed, four-star Hotel Indigo is set to open in Chapel Street, near to the historic St Nicholas' Church, creating more than 50 full and part time jobs.
A £10m funding package for the project was provided by The Co-operative Bank'’s Liverpool Corporate Banking Centre (CBC).
The hotel, owned and operated by north west development group, Sanguine Hospitality, is set to open in Spring 2011 and will become only the third Hotel Indigo in the UK.
The Co-operative Bank and Intercontinental Hotels, which owns the Hotel Indigo brand, visited the site last week to officially mark the onset of work by contractor Denizen.
Nick Taplin, managing director at Sanguine Hospitality, said:
"Merseyside's tourism economy is worth over £1.4billion and rising. In spite of one of the worst recessions in recent times, the city region continues to grow as a destination of choice for domestic and international visitors.
"Our level of investment in Hotel Indigo reflects our level of faith in the city and the direction it is taking. We intend to bring something new and creative to Liverpool’s hotel market, giving visitors a real alternative and further strengthening the city’s appeal.
"The commercial district offers an excellent location, with a real sense of place in the heart of the city and situated perfectly to welcome both business and leisure guests."
Dave Matthews, Senior Business Development Manager at The Co-operative Bank's Liverpool Corporate Banking Centre, said:
"We are delighted at being involved in bringing this exciting new hotel brand to Liverpool. At a time when some banks are still not able to provide significant funding like this, we were able to work closely with what is a very experienced and capable management team to deliver a financial package that exactly meets their requirements."
Andrew Gill, vice president, development, Europe for IHG, said:
"As a branded boutique hotel, all Hotel Indigo properties are unique and designed specifically to reflect their location, which gives Sanguine Hospitality the freedom to put their own mark on the hotel.
"Liverpool is a vibrant city with a thriving business and tourist economy which makes it a great match for the Hotel Indigo brand. We look forward to working closely with Sanguine Hospitality to roll-out the concept to other UK cities."
Falconer Chester Hall Architects and its associate company, FCH Interiors, were appointed to design the build and interior design of the new hotel. Director Mark Doohan said they took their inspiration from the historic context of the area, adding:
"Chapel Street was one of the five key streets of the city, at the centre of the city’s mercantile activity and cotton trade especially, with a concentration of cotton trading and storage houses.The Hotel Indigo brand began its global roll-out in 2009 with London Paddington and Glasgow.
"We wanted to reflect upon this context to fix the scheme in its locality and to tell the story of the city’s growth around the Chapel Street area, driven by the historic links with America and the cotton trade.
"So the facade and, of course, the interior draw their inspiration from cotton’s textures, weaves and colours, echoing a key strand of the hotel’s brand DNA, which is about being refreshingly local and telling intriguing stories.
"Indigo is going to be a landmark development for the city’s historic centre, drawing on its waterfront and maritime heritage in a contemporary but respectful way. We’re delighted to be involved."
Sanguine Hospitality is committed to expanding the Hotel Indigo brand across the UK and Hotel Indigo Newcastle will follow Liverpool's opening in Spring 2011.
Labels: Hotel Indigo Liverpool