A proposed project to develop a £10m hotel in Hamilton Park Racecourse’s grounds in Scotland has been given the green light by local authorities.
South Lanarkshire Council’s decision to approve plans for a multi-million pound hotel development on its grounds will see the creation of a 118-bedroom property on what is currently the racecourse’s main public car park.
Vivien Currie, chief executive at Hamilton Park Racecourse, said: “We welcome today’s decision to approve our plans for a landmark £10m hotel at Hamilton Park Racecourse.
“We are incredibly excited about this development and are delighted to have South Lanarkshire Council’s approval.
“This significant investment project will bring fantastic benefit to our business and the wider economy. We have already had extremely positive feedback from our customers, sponsors and the local community and can’t wait to get on the road to delivering this fantastic new facility.”
The new development is expected to double the current number of employees with a variety of roles in managerial, professional, customer service and administrative positions.
Extensive feasibility studies into the development estimate it will also generate an additional £5.9m per year in visitor expenditure in the area, and add a gross value of £700,000 per year to the economy, with £400,000 of that directly in South Lanarkshire.
The hotel, which has been designed by local practice, ICA Architects, is expected to double the size of the racecourse’s business within three years of opening.
The construction of the hotel is set to get underway in the spring 2018, with more details to be revealed throughout the year.