Grosvenor Britain & Ireland has announced that hospitality group, edyn, has signed to develop a new site at Liverpool One, adding to the accommodation group’s expanding portfolio of extended stay sites across the UK and Europe.
The new 60,000 sq ft of serviced apartment space will be located at 39 Paradise Street and will open its ten-floor site to guests in summer 2021.
The hospitality group, which has built a portfolio across the UK and Europe, which includes SACO serviced apartments, lifestyle aparthotel brand Locke, The Moorgate, and Wittenberg, has taken on a 25-year lease at the Liverpool destination.
“This commitment from edyn, as a highly credible, successful and unique operator, strengthens Liverpool One as a leading mixed-use destination,” commented Alison Clegg, managing director of asset managment at Grosvenor Britain and Ireland. “Just as we are on the front foot of retail and leisure trends, this new accommodation concept will see Liverpool One equipped for post-Covid tourism and visitation needs.”
Stephen McCall, CEO of edyn, commented: “We are thrilled to be working with Liverpool ONE and Grosvenor to develop edyn’s latest site, and to establish new roots in such a vibrant urban location. As proven over the last 12 months, our quality-focused, long-stay accommodation model naturally aligns with evolving travel needs, positioning us as leaders for the new chapter of hospitality ahead. ”
Savills acted for Liverpool ONE. edyn dealt directly.