GMI Construction Group has started work on the last piece of the Sovereign Square development in Leeds.
The project comprises a 12-storey, 305 room hotel on the last remaining plot within the flagship development site.
GMI is principal construction contractor, having been appointed by the Marrico LLP and Helios development JV partnership.
Around 190 jobs will be created during the construction phase, with the 140,000 sq ft hotel creating over 80 full-time jobs upon completion in 2024.
Interstate Group will operate the hotel under the dual Hyatt brands of Hyatt House and Hyatt place, providing short and long stay accommodation for both business and leisure guests. It will feature meeting rooms, an on-site gym, ground floor restaurant and bar extending externally into the public square, plus an independent rooftop bar with dedicated entrance.
The development, funded by Abrdn/UK Commercial Property REIT (UKCM), has been designed by Leeds-based DLA Architecture, which has taken its inspiration from surrounding architecture and Leeds’ merchandising and textile history.
Chris Weathers, GMI Construction Group’s commercial director, said: “Sovereign Square has become a landmark in the heart of the city, being the first new public space to have been developed in Leeds for more than a decade.
“This striking hotel is the last piece in the development’s jigsaw in what has become one of the most high-profile, sought-after destinations in the city. It will complete the extensive regeneration of the area and further enhance the other adjacent developments and public green space.”
Steve Ford, development director at Marrico, said: “This project will deliver a first class hotel in a prime location and helps address a shortage of quality accommodation for business and leisure visitors to the city. This is the final remaining development site in Sovereign Square, adjacent to the railway station and at the heart of Leeds’ vibrant business, retail and leisure sectors.”
James Dunne, head of UK transactions, real estate at Abrdn, added: “It’s fantastic to see the beginning of the realisation of so much hard work and commitment from all the parties involved in getting us to this start on site. The real hard work starts here though and it’s exciting to think of the premium product that is going to be delivered into the Leeds market by the excellent construction, development and professional teams entrusted with bringing the scheme forward.”
