The developer, headed up by former Urban & Civic directors Rob Lane and Simon Hawkins, wants to build a 229-bedroom hotel on a plot originally earmarked for a residential scheme.
Designed by Jon Matthews Architects, the scheme would span 10-storeys and sit on a site between housebuilder Moda Living’s Angel Gardens and the recently completed Hampton by Hilton hotel, delivered by Create Developments.
Premcor is in advanced talks with a hotel operator and hopes to agree heads of terms within the coming weeks.
The UK-based developer bought the site from Realty Estates in January for an undisclosed sum. Realty Estates had won consent for a 15-storey apartment scheme, designed by architects Hodder + Partners, prior to the sale.
The fresh proposals comprise an L-shaped building that includes a ground floor restaurant, bar and reception area.
WSP is the planning consultant for the project and Gardiner & Theobald is the project manager and quantity surveyor.
Consultants Hann Tucker Associates, Civic Engineers, Planit-IE and Hydrock make up the project team, and GMI Construction Group is lined up to build the hotel.
Premcor director Simon Hawkins said: ‘The city’s growth is creating a significant demand for hotel accommodation.
“We have worked hard with our team to do justice to the site, and look forward to delivering this development on a visible and underutilised site along Rochdale Road.”
Subject to planning approval, Premcor aims to start on site early next year and expects to complete the development by the middle of 2022.