The £55m project will see the hotel built directly opposite the Ashford International Railway station. The project will additionally see a selection of one, two and three-bedroom apartments with prices currently ranging from £142,500 to £340,000.
Steve Dodd, managing director of Elevate, said: “We were offered the opportunity to acquire this empty site directly opposite Ashford International railway station in a prime area of Kent. We recognised the tremendous potential with significant investment already made in the town and an ongoing commitment to other projects.
“Not only is Victoria Way just 36 minutes from London’s St Pancras International Station by rail, it also connects via HS1 to Lille in under an hour, Brussels in 1 hour 39 minutes and Paris and Brussels in under two hours via the high speed Eurostar services.”
He added: “We are mindful that the ‘within one hour to London’ factor is a strong selling point, but such good access to Europe and the rest of the south east of England is also a tremendous plus. Ashford is an area that has long been marked for expansion and we are pleased to be able to contribute to the further economic growth of the town.”