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New £17m Leicester aparthotel to open its doors
Image: https://www.thegreshamaparthotel.com/blog

New £17m Leicester aparthotel to open its doors

In this episode we speak to Daniel Kyriakides, a partner at law firm Reed Smith. We discuss why private members’ clubs are experiencing a resurgence and what that means for the future of the hotel sector. From heritage buildings being reimagined as lifestyle destinations to hotels borrowing the experiential playbook of members’ clubs, we discuss how the lines between the two are becoming increasingly blurred, and why global growth is on the horizon for the private members club model.

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The new £17m The Gresham Aparthotel in Leicester has confirmed it is set to open its doors on 3 November 2021.

Situated on the corner of Market Street and Belvoir Street, The Gresham is described as an “iconic” structure built in the 1880s, that is well known throughout the Leicester area.

The two-year project by developer Aimrok Holdings, has seen this Grade II-listed Victorian building transformed from a department store (formerly occupied by retailer, Fenwick) into a 121-room aparthotel, containing serviced apartments with kitchen and en-suite facilities; an exclusive fitness suite; and laundry room for guests.

Aimrok said “central” to the aparthotel is ‘Black Iron Social’ – a contemporary restaurant and bar that will serve aparthotel guests as well as being open to the public – that is under the same management as Leicester’s Winstanley House Hotel and the City Rooms.

Completing the development are four commercial retail units and ‘Gresham Works’ – 12,000 square feet of conference facilities and state-of-the-art co-working spaces, that have been leased to Leicester City Council on a 25-year agreement.

Mark CopsonMark Copson, director of Aimrok Holdings and The Gresham, said: “After such a challenging couple of years thwarted by the pandemic, we are very excited to be welcoming our first guests from Monday. The Gresham a stunning building and has been restored with a great deal of care and attention to detail both inside and out and we feel confident that our visitors will be delighted with their stay experiences.

“With its prime position in the heart of the City Centre, The Gresham already seems to be having a positive impact on the area and we intend for it to become, and remain an active part of the local community for many years to come.”

Leicester City Mayor Sir Peter Soulsby added: “Having had the chance to look around The Gresham, I can confirm this is very exciting news. The very stylish aparthotel will be another major draw for visitors to our city, and people wishing to work here will find the new workspace there very appealing, and just right for the post-covid economy.

“The restoration of this flagship building perfectly complements the other regeneration work taking place in this part of the city, and will provide a massive boost for the Market Street area and for Leicester.”

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