Cycas Hospitality and Slough Urban Renewal have secured a deal to develop two Marriott International hotels - Moxy and Residence Inn by Marriott.
The hotels will be built on Slough’s former central library site, which is located on the A4 between the town centre and the station where Crossrail trains will operate from 2019.
Slough Borough Council acquired the site in 2015 and will finance and own the hotels as a long-term investment.
The hotels will be developed by Slough Urban Renewal, a joint venture between the council and Morgan Sindall Investments.
Cycas Hospitality will operate the hotels, which comprise a 144-room affordable lifestyle Moxy Hotel and a 92-room extended-stay Residence Inn.
Both hotels will be located in one building and will be operated under a single lease.
The development forms part of a £900m pipeline being developed by Slough Urban Renewal, which has 11 projects under construction in the town.
Roger Parkin, interim chief executive at Slough Borough Council said: “The hotels will not only boost the town centre night time economy and provide jobs but also bring long-term secure income for the council that we can invest in the frontline services we know our residents need and want.
“Along with our massive redevelopment scheme for the former Thames Valley University site and the opening of The Curve cultural centre last year, this project is further proof of our commitment to regenerating the heart of Slough and being at the forefront of building for the future.”
28 April 2017
4 April 2017
2 February 2017