Corn Exchange to open aparthotel
Roomzzz Aparthotel, part of the Parklane Group has confirmed its second Manchester site will be in the £30m redevelopment of the iconic Corn Exchange in the city centre.
The Corn Exchange scheme will merge the Roomzzz ‘New Generation’ concept, debuting in Chester in April 2015, with bold bespoke interior designs, resulting in a combination ranging from ultra-sleek 21m² pods to super luxury palatial penthouses to form a total of 114 apartments.
Mark Walton, head of Roomzzz Aparthotel UK, comments: “The demand in the city for Roomzzz Aparthotel is substantial, we are running at 100% occupancy week on week, a second location in close proximity is a strategic game-changer for the brand.’”
The Corn Exchange development will be the second historic site that Roomzzz have developed in the city following an urban mill conversion on Princess Street. All five existing properties have undergone a dramatic transformation to bring them in line with the ‘New Generation’ concept. The flagship Roomzzz Aparthotel Chester City opened at the start of April, followed by a New Generation model in Nottingham City in May.
Walton adds: “Roomzzz Aparthotel are delighted to be partnering with Aviva and working with hotel consultants Christie + Co and DWF, who provided legal advice, to transform the iconic heritage of The Corn Exchange into a beacon for modern lifestyle choices for affordable luxe accommodation in the UK. This is a large investment, with a £13M commitment to create a spectacular property that will not only illustrate the progression and development of Roomzzz but will be seen as the revival and legacy of this historic part of Manchester.”
Simon Green from Corn Exchange owners Aviva Property Investors Trust comments: ‘We are committed to the full redevelopment of this remarkable building. The vision is to create a new legacy destination for the city and the Roomzzz Aparthotel investment will cement the future fortunes of Corn Exchange and act as a catalyst for an even more exciting regeneration of this part of the city centre.”
Roomzzz at The Corn Exchange will be taking bookings from February 2016 and will open in mid 2016.
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