Kier & CTP Deal for Leonardo Hotels at Pall Mall
Kier Property and CTP in partnership with Liverpool City Council announced that they have exchanged an agreement with Leonardo Hotels to lease the
Kier Property and CTP in partnership with Liverpool City Council announced that they have exchanged an agreement with Leonardo Hotels to lease the hotel at Pall Mall Liverpool. This will be Leonardo’s first hotel operation in Liverpool and follows recent acquisitions in Manchester, Edinburgh and London. Leonardo Hotels is a brand of Fattal Hotels Group which operates over 200 hotels across Europe.
Kier Property and CTP have worked closely with Leonardo Hotels to design the building which comprises 284 bedrooms and offers an upscale 4-star full service including amenities such as a restaurant, bar/cafe, gym, wellness suite, co-working and meeting facilities.
The phased Pall Mall development will deliver 400,000 sq ft of new Grade A office space, ancillary ground floor retail and leisure amenities along with the Leonardo Hotel. The four new buildings will enclose a new piece of high-quality public realm offering a unique and scarce area of public green space in the city centre.
The hotel is an integral part of the masterplan in supporting the place-making strategy, enhanced pedestrian connectivity, attracting office operators requiring accommodation and enabling the delivery of approximately half of the site in the first phase.
Colliers International advised Kier Property and CTP on the deal and Leonardo Hotels represented themselves.