Start On Site For Major City Centre Hotel In Leeds

Caddick Construction has officially broken ground at the new room2 hotel development on Lisbon Street in Leeds city centre on behalf of Marrico and Helios Real Estate as part of the wider regeneration of the West End.

Marked with a groundbreaking ceremony, the start on site represents the first major hotel development in Leeds city centre since the Hyatt at the Sovereign Square scheme, also brought forward by Marrico LLP and Helios Real Estate in 2022.

With building work at Lisbon Street now underway, Caddick Construction will deliver the 16-storey, 200-room development, comprising a mix of studio and suite accommodation designed for both short- and extended-stay guests. The scheme will also feature a ground floor Winnie’s café and bar, meeting and events space, gym facilities, laundry amenities and retail concessions.

Located on the former Leeds International Swimming Pool site, the project is being forward funded by Border to Coast Pensions Partnership, advised by Aberdeen Investments, with Lamington Group secured as operator under its room2 hometel brand.

Designed by DLA Architecture, the building will be fully electric and powered by renewable energy, supporting room2’s sustainability-led approach to hospitality. Completion is expected by Spring 2028.

Scott Barnes, Development Director at Marrico LLP, said:

“It’s great to see construction now underway at Lisbon Street following several years of planning and collaboration between all parties involved.

This is another important step forward for the wider regeneration of the area and continues our long-term commitment to investing in Leeds city centre. We’re pleased to be working alongside Helios, Aberdeen and Border to Coast, Lamington Group and Caddick Construction to deliver a high-quality, sustainable development that will make a strong addition to the city’s hospitality offering.” Scott Barnes, Development Director at Marrico LLP

Zoe Thompson, Development Director at Helios Real Estate, said:

“We’re excited to be delivering a brand with sustainability at its core and we have no doubt this development will be a fantastic new addition to Leeds city centre and the city’s thriving hospitality market. It’s great to see construction now underway on site, marking an important milestone for both the project and the wider regeneration of this part of the city centre.

The Lisbon Street development will play an important role in transforming the area, contributing not only to Leeds’ evolving skyline but also supporting the local economy through investment, job creation and wider opportunities across the city.

Reaching this stage is a testament to the strength of the partnerships behind the project and the collaborative approach of all involved. Huge thanks to Marico, Lamington Group, Aberdeen, Caddick, DLA and our legal team at Square One for their expertise, commitment and continued support in helping bring this project forward.” Zoe Thompson, Development Director at Helios Real Estate

James McLean, Fund Manager, Aberdeen Investments, said:

“Aberdeen is delighted to have advised Border to Coast on the development of a new Room2 in Leeds. The scheme is well located within a wider mixed-use development on the former International Swimming Pool site in Leeds city centre, alongside PBSA and to be developed BtR, and is within easy reach of key office, retail and transport connections.

“Room2 offers a sustainable hospitality model aligned with the Fund’s ESG strategy, building on our existing investment in Room2 Southampton.” James McLean, Fund Manager, Aberdeen Investments

Steve Ford, Regional Managing Director of Caddick Construction Yorkshire & North East, said:

“Breaking ground at Lisbon Street is a significant moment for everyone involved in the project and reflects the strong collaboration between all partners to bring the development forward. It’s particularly exciting to see one of the first major hotel developments in Leeds city centre for several years now progressing on site, helping to drive the continued regeneration of the West End and strengthen the city’s hospitality industry.

“As construction gets underway, our focus is on delivering a high-quality hotel that enhances Leeds’ growing visitor economy and sets high standards in sustainability and construction. We are proud to be delivering another landmark city centre scheme in Leeds and look forward to seeing the development take shape over the coming months.” Steve Ford, Regional Managing Director of Caddick Construction Yorkshire & North East