A 143-bed hotel development designed by RHWL Architects is planned for New Bailey as one of the first phases of English Cities Fund's Salford Central regeneration programme.
Pending planning approval, the £12.5m project will be built on a half-acre site at the corner of Irwell Street and Stanley Street facing south to the River Irwell.
English Cities Fund is a joint venture between Muse Developments, Legal & General and the Homes & Communities Agency. ECF is in legal discussions with a hotel operator.
Phil Mayall, development director of ECF, said: "The hotel development will act as a critical first scheme in New Bailey – an exciting extension to the commercial business district of the regional centre. New Bailey will provide high quality office space along with supporting retail, leisure and residential uses.
"With a planning application now submitted and agreement with a hotel operator nearing completion, we are confident that New Bailey will quickly follow the commencement of development on Chapel Street."
ECF has outline consent for 2.4m sq ft of offices, 849 new homes and 390 hotel rooms in Salford Central.
DPP advised ECF on planning matters.