Salford-based developer, LPC Living, has submitted plans to build a new hotel in Radclyffe Park, Ordsall, having formally agreed terms with budget hotel operator Travelodge.
The 156-bed hotel will join retail and residential at the £150m development on Trafford Road.
LPC said it revised an approved scheme in order to respond and adapt to changing market conditions. Planning consent already existed for a Morrison's supermarket, 25,000 sq ft of additional retail and 282 new homes on the site. The new application looks to replace an approved eight-storey block of apartments with the 156 bed, seven-storey hotel. The total number of residential units is reduced to 114 with a greater emphasis placed on family housing.
Simon Ashdown, development director at LPC Living, said: "We have to be responsive to the changing market and building a high number of apartments does not make commercial sense at present.
"LPC Living is committed to the long term viability and sustainability of Ordsall, this includes a balanced mix of living accommodation combined with investment in infrastructure, amenities and the facilitation of job creation."
Tony O'Brien, Travelodge's UK development director, said: "It is a very prominent site that was acquired for us by Jenics. It is well located for Trafford Park, the Quays, Manchester United and the Imperial War Museum North, making it an ideal low-cost stopover for business and leisure travellers visiting the area. This new hotel will boost the number of Travelodge properties within the Manchester area to 12; including three new hotels that we have recently secured in the city centre, at Piccadilly Gardens, Manchester University and the MEN Arena. Rooms will be available from £19, which will attract more visitors to the area and help to further boost Salford's economy."
The development is anticipated to be completed in autumn 2011. Tushingham Moore is the agent for the scheme, whilst Jenics acted for Travelodge.