en.Wedoany.com Reported - Caddick Construction has officially commenced work on Lisbon Street in Leeds, UK, building a hotel project named room2 on behalf of Marrico and Helios Real Estate.

This project is the first major hotel development in Leeds city center in years since the Hyatt hotel at Sovereign Square, and is part of a broader regeneration plan for the West End.
Located on the former Leeds International Swimming Pool site, the new hotel will be a 16-story building constructed by Caddick Construction, featuring 200 rooms, including a variety of studios and suites suitable for both short-term and long-term stays. The ground floor will house Winnie's café and bar, along with meeting and event spaces, a gym, laundry facilities, and retail outlets.
The project is financed through a pre-payment facility from Border to Coast Pensions Partnership, with advisory services from Aberdeen Investments, and will be operated by Lamington Group under the room2 hometel brand. Designed by DLA Architecture, the building will be fully electric and powered by renewable energy sources to support room2's sustainability-focused business philosophy. The project is expected to be completed in spring 2028.
Scott Barnes, Development Director at Marrico LLP, stated that after years of planning and collaboration among all parties, it is exciting to see construction on Lisbon Street now underway. He noted that this is a significant step in the broader regeneration of the area, continuing the company's long-term investment commitment to Leeds city center, and looks forward to delivering a high-quality, sustainable project with partners that will complement the city's hospitality sector.
Steve Ford, Regional Managing Director of Caddick Construction Yorkshire & North East, added that the groundbreaking on Lisbon Street reflects the close collaboration among all partners, enabling the development to move forward. He said that one of the first major hotel developments in Leeds city center in years has now entered the construction phase, helping to drive the ongoing regeneration of the West End and strengthen the city's hospitality industry. As construction progresses, the team will focus on delivering a high-quality hotel that enhances Leeds' growing visitor economy and sets high standards in sustainability and construction.
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