Fragrance Group Limited (FGL) is set to create a new four-star hotel in Liverpool.
The Singapore-based property company will turn the city council's former Municipal Building headquarters into a new luxury hotel.
A report recommending the sale of the Grade II listed building to the developer will go before the local authority on Friday, 03 February.
In addition, a restaurant will also be based at the site which is set to be handed over in Spring.
Following the sale, council workers will relocate to existing sites across Liverpool, while the One Stop Shop based in the building will be relocated to a self-contained unit at the refurbished St John's Market.
Cllr Malcolm Kennedy said: "Municipal Building has been a magnificent home for Liverpool City Council since the 1860s but we no longer have the staff numbers to justify retaining it.
"I'm delighted we have a buyer of international repute who is looking to use Liverpool to break into the UK and European hotel market. This will have a great impact in terms of generating jobs and bosting out international appeal.
"We will work with FGL to ensure that its future use protects the building's unique architectural features, as we have done with the neighbouring Municipal Annexe and Royal Insurance Building which have also recently been brought back into use as four star hotels.
"The sale will bring in much needed money which we can reinvest in reducing the costs of our capital infrastructure programme, as well as delivering ongoing savings by lowering our overhead."
(LM/MH)
Construction News
30/01/2017
FGL To Create New Four-Star Hotel In Liverpool


13/06/2025
A vital piece of Peak District railway infrastructure is set to receive a major upgrade this summer, as Network Rail announces a £7.5 million investment into one of Chapel Milton's iconic twin Victorian viaducts.
The 160-year-old, 15-arch structure plays a critical role in the UK's freight network,

13/06/2025
Morgan Sindall Construction has revealed plans to expand its operations in South Yorkshire, building on its strong delivery record in West Yorkshire and aligning with the goals of the newly launched Great North initiative.
Backed by northern regional mayors, the Great North initiative aims to unloc

13/06/2025
Construction has officially commenced on the new Children's Cancer Centre (CCC) at Great Ormond Street Hospital for Children (GOSH).
Led by long-term design partner BDP, the new centre is one of the most ambitious projects in GOSH's history. The firm is overseeing architecture, landscape, engineeri

13/06/2025
The developer behind the Redworthy Orchard scheme in Yatton has handed over the first homes to a local housing association as part of a wider plan to provide affordable housing in the area.
Persimmon Homes Severn Valley has transferred four new properties to Alliance Homes, a move set to ease press

13/06/2025
Wynne Construction has been awarded two major design and build contracts worth over £20 million by Adra to deliver nearly 100 new social homes across North Wales.
Construction is already underway at the first site on Berse Road, Wrexham, where Wynne began work in March on a £9 million, 47-home soci

13/06/2025
Great Places Housing Group has officially broken ground on its landmark £37 million LGBTQ+ majority Extra Care housing scheme in Whalley Range, marking the start of construction during Pride Month.
The scheme, hailed as the UK's first purpose-built Extra Care development of its kind, is being deliv

13/06/2025
Henry Boot PLC has announced that its property investment and development arm, HBD, has completed the sale of TWO45, a multi-let industrial-led business park in Skelmersdale, to a European real estate developer for £9.5 million.
Located on a 10-acre site just minutes from the M58 and M6 motorways,

13/06/2025
Clowes Developments has announced the successful letting of Unit 5A, a newly completed 27,000 sq ft industrial unit at Stud Brook Business Park, to Shawpak Ltd, a pioneering manufacturer of medical device packaging machinery.
Founded in Derby in 2013, Shawpak Ltd designs and produces a unique range

13/06/2025
The Hill Group and Legal & General (L&G) have announced a new partnership to deliver 200 affordable homes as part of the first phase of the £450 million City Centre South regeneration scheme in Coventry.
This marks the first time the two organisations have collaborated on a major residential devel

13/06/2025
The historic South Crofty tin mining project in Pool, Cornwall, is set to receive a significant boost after being awarded £4,190,500 through the Cornwall and Isles of Scilly Good Growth Programme, marking the largest single private sector investment by the programme to date.
Delivered by Cornwall C