Newspaper article Evening Chronicle (Newcastle, England)

Luxury Hotel Plan for [...]; Pounds 15m Spend in the Heart of the City

Newspaper article Evening Chronicle (Newcastle, England)

Luxury Hotel Plan for [...]; Pounds 15m Spend in the Heart of the City

Article excerpt

Byline: PETER McCUSKER

A LUXURY hotel dubbed "The Dorchester of the North" is planned to open in Newcastle in a pounds 15m scheme which will transform part of the city's most spectacular street.

Over the last four years the wealthy Malhotra family has spent over pounds 5m buying a series of properties on the city's architecturally stunning Grey Street.

Now, the family has submitted plans for a 55-bed luxury hotel which will have entrances on Grey Street, the Cloth Market and Mosley Street.

Meenu Malhotra, of DAV Developments, said: "The standards will be second to none. It will be on a par with hotels like the Dorchester or the Grosvenor. "This will be a world class hotel. Newcastle is a big tourist attraction and it needs a splendid hotel like this.

"This will bring a spot of luxury to the city centre, with the quality of finishing and furnishing of a five-star establishment."

Mr Malhotra said there would be at least four restaurants in the new venture.

The plans includes revamping Drury Lane, which runs from Mosley Street to the Cloth Market "with feature arches and cobbles, which will give it the feel of a city like York".

DAV plans to develop the former music hall in Balmbras pub in the Cloth Market as a function suite for weddings and corporate events.

Mr Malhotra continued: "We will be spending pounds 12m to pounds 15m on developing the hotel. Our aim is to deliver a Londonstandard destination venue.

"There will be a rooftop restaurant which will allow guests to appreciate the views and celebrate the glory of Grey Street.

"Grey Street is one of the Top 10 streets in Europe. The hotel will be in an ideal location in close proximity to the city centre, the railway station and the Quayside.

"It has been sad to see the decline of one of the one of the most historic assets of the city.

"We are proud of the city and want to bring this rundown area of the splendid Grey Street back to life."

"We want to give something back to the North East. The shape and size of the property means it is unable to meet the five star requirements. …

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