Beaufort is pleased to announce the completion of a mezzanine investment into a hotel and residential development project in the heart of Liverpool, The Gostins Building. The development will transform one of the city’s many iconic buildings into a new branded hotel comprising 155 keys, with a substantial roof extension to accommodate several storeys of residential accommodation and commercial premises on the ground floor.
Originally a pharmaceutical factory, the seven-storey Gostins Building is a stone’s throw from the £1bn, 42-acre Liverpool One shopping, residential and leisure development and will deliver much-needed hotel accommodation as well as new for-sale residential units, all boasting impressive views over the Liverpool skyline.
The development is expected to be complete and open in the first half of 2020.
Developer Niki Bolza said, “We are proud to have Beaufort on board and look forward to working with their team on what will be the leading mixed use development in Liverpool.
“The high standard of the hotel in conjunction with the quality of the apartments will deliver Liverpool an unrivalled offering of both services and amenities for residential buyers.
“The Gostins Building will offer four star hotel service to the residents, provided by an international hotel group, something no-one in Liverpool has done before at this level.”
Joe Flaherty, of Beaufort Capital Management said, “we are thrilled to be working with Niki and the ReCap team on this exciting development project. We were very impressed by the potential of this site, and the amount of investment into the Liverpool market speaks volumes for the appeal of the city.