The 260-bed Maldron hotel has been pre-let on a 35-year lease to Dalata, after Valorem Investment Partners reached a funding agreement with Aviva Investors.

Designed to achieve a BREEAM Very Good rating, the hotel will be located close to the prominent city centre districts of Liverpool One, the Baltic Triangle and The Albert Dockland representing a major investment in the city.

The nine-storey building, which will include a bar and restaurant on the ground floor, a suite of meeting rooms on the first-floor level and gym facilities, is configured to wrap around a bright internal courtyard. The building envelope will have a high-quality façade comprised of brickwork, glazing, solid and perforated metal panels.

The design has been developed by delivery architects Urban Innovations and initial construction work is set to begin in early 2022 with a view to the hotel being operational in autumn 2023.

This is the ninth hotel development McAleer & Rushe will build for the Dalata Hotel Group, with four hotels currently under construction in Manchester, Glasgow, Bristol and Dublin.