Northern Ireland developer Benmore plans to start work on a new £10m hotel in Liverpool city centre in the New Year.
The scheme was designed by Liverpool architects Falconer Chester Hall and involves demolition of three buildings and retention of one facade, on the Pioneer Building. A new 123-bed hotel will be built with sympathetic materials, designed to respect surrounding buildings as the site in within a World Heritage Status area. There will also be a car park and shop within the development.
David Burrows, chief executive of Benmore, said: "We have pre-let the entire scheme to international occupiers which is a credit to the design and location."
Adam Hall, managing director of FCH, added: "It's always a challenge working in such a historic setting. We have made use of brick and stone as used elsewhere on Dale Street so it is very respectful of its context, but equally it is striking and will bring some energy back to the Dale Street area of the city, hopefully bringing other empty buildings back into play in the future.
"We also have gone to great lengths to retain the façade and chimneys of one of the buildings which is acknowledged as being of architectural merit."
Liverpool City Council this week also approved plans for a 183-bed Premier Inn on Hanover Street at the edge of Liverpool One and a 35-bed hotel on Stanley Street by Quintain Estates.