The developer has exchanged contracts with property investor Vastint to bring forward a 168-bedroom Courtyard by Marriott hotel at the £120m City Place scheme next to Chester’s railway station.
The hotel will be a key part of the second phase of the mixed-use development, which has already seen the construction of the One City Place office, which opened in 2016. The 70,000 sq ft office is home to tenants including RSM, Excello Law, and Black & Veatch.
Working with Cheshire West & Chester Council, Muse is planning to deliver 430,000 sq ft of commercial space at City Place to form a new central business quarter for the city.
Kate Howe, senior development manager at Muse Developments, said: The addition of Marriott International’s Courtyard brand at City Place will provide both occupiers and visitors with a bespoke-designed, high-quality facility that will deliver an exceptional food and beverage offering.
“With the next phases of commercial development in the pipeline, we’re delighted to be working with Vastint to bring forward this vital component that will accent the wider City Place scheme.”
Cllr Richard Beacham, cabinet member for housing, regeneration and growth at Cheshire West & Chester Council, added: “This is excellent news for the city and for the continued regeneration of the area around the Boughton canal side.
“The visitor economy brings £2bn a year to our borough, which is an increase of 4.4% since 2010. West Cheshire welcomes over 36 million visitors a year, with over 12m visitors coming to Chester, so this investment in more hotel rooms is really important for local growth.”
Avison Young acted on behalf of Muse on the land deal; Avison Young and CBRE are the joint agents for City Place.