An investor is about to spend £12 million on building a luxury boutique hotel in Erbington Square, County Derry – according to reports in the Derry Jorunal last week.
The hotel – believed to be called The Erbington – will form part of a wider development which will also see a distillery launched and construction could start later this year.
It is believed that the new hotel will have 151-bedrooms, two conference suites, a banqueting suite for 300 diners plus modern bar facilities and a restaurant.
Speaking to the Journal, deputy First Minister Martin McGuinness said: “There have also been quite a few serious expressions of interest in other parts of the Ebrington site from other businesses, proposals which I am really positive about.
“They have the potential to bring serious investment to the site which will help transport Ebrington Square to the next level and thus become a real economic driver for the city and the north-west area.”