An exciting proposal which would see a prestigious 125-bed Hampton by Hilton hotel established in Stockton Town Centre will be considered by councillors next week.
The addition of the hotel would be the latest stage of the thriving Northshore regeneration scheme.
On Thursday 19 May, Stockton-on-Tees Borough Council’s Cabinet will consider a report which recommends the development of the international chain on the former Dairy site on Bishop Street in Stockton.
Northshore is a mixed use regeneration scheme incorporating new offices, homes and leisure facilities within walking distance of the newly regenerated Stockton Town Centre. The 56 acre, £300 million scheme is a partnership between Muse Developments - recently voted best development company in the country, the Homes and Communities Agency and Stockton-on-Tees Borough Council.
The Council’s Cabinet Member for Regeneration and Transport, Councillor Nigel Cooke, said: "Northshore is going from strength to strength and we’re delighted to be working with Muse Developments and the Homes and Communities Agency on yet another exciting project which will build on the successes we have already seen and benefit both businesses and residents. It is fantastic that we have attracted such a prestigious global name and we know there is an incredibly strong business case for a hotel of this nature. We are already seeing a growing demand for corporate overnight stays with midweek occupancy at 95 per cent in hotels across the Tees Valley and there is a shortage of internationally branded hotels. Similar business models are in place elsewhere in the country and are proving to be very successful.
"Northshore is fast becoming a bustling riverside location for business, leisure and living, with 125 homes built and a further 80 homes planned. At the same time business is booming with the creation of 80,000 sq ft of offices, including the state-of-the-art Fusion Hive Innovation Centre, so the proposed location of the hotel will place it in prime position for visitors to neighbouring businesses and the International Foundation College planned at Durham University’s Stockton campus.
"Meanwhile, Stockton Town Centre is attracting visitors with all manner of interests ranging from shopping and leisure to business and heritage. The up-coming restoration of the Globe and the expansion of the Georgian Theatre are set to complement the popular programme of activities and entertainment offered by ARC and encourage even more people to visit.
"And just a short walk along the banks of the Tees is the tallest high ropes course of its kind in Europe and an Olympic standard white water course, both of which draw visitors from far and wide - many of whom are likely to require overnight accommodation and spend money in the town’s shops, cafes, bars and restaurants.”
Simon Dew, Senior Development Surveyor at Muse Developments, said: “A great deal has already been achieved at Northshore and the arrival of a well-known international hotel brand will be a valuable addition to the development and the adjacent town centre. The hotel will complement both the commercial buildings and the significant residential community already delivered at Northshore, creating new jobs and further supporting the wider visitor economy in town."
Chris Munro, Senior Area Manager at the Homes and Communities Agency, added: "This development is great news for the town and will complement all the other activities that are taking place at Northshore. A hotel of this calibre will reinforce the role of Fusion Hive and other developments in making Northshore a true mixed use regeneration opportunity and a flagship for Tees Valley."
Members will be asked to invest up to £17 million in the development and subject to Council approval, Interstate United Kingdom Management Ltd will be the preferred management company which will operate the proposed Hampton by Hilton hotel on behalf of the owner, Stockton-on-Tees Borough Council.
If agreed, detailed design work will begin in the autumn of this year with a view to hotel opening in late summer 2018.