Park Inn by Radisson, Manchester
A 252 room Park Inn hotel at City Park in Manchester, a 50:50 joint venture with a private equity partner. The hotel was pre-let to Rezidor Hotels UK Limited, and forward funded by an Irish investor. Construction of the hotel commenced in July 2007, and the hotel opened in June 2009. The total scheme value is in excess of £37m. The project was completed on time, and within 2% of the original contract price.