Private investor ‘ready to spend’ £12m on new luxury Derry boutique

Ebrington Square in Derry, Northern Ireland, could be gearing up to see the construction of a new luxury four-star boutique hotel, after a private investor is said to have stepped up to fund the project.

According to ‘The Journal’, a new 151-bed boutique could be built on the site, alongside a new distillery and a number of other new projects expected to get the go-ahead for development at the Waterside venue.

A private investor has come forward, ‘ready to spend’ £12m on the creation of the new hotel, which is said to be known at The Ebrington, with work potentially due to start later this year.

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As well as the bedrooms, the hotel would be home to two conference suites, a banqueting suite to accommodate up to 300 people, plus a bar and restaurant.

Speaking to The Journal, deputy First Minister Martin McGuinness said: “There have also been quite a few serious expressions of interest in other parts of the Ebrington site from other businesses, proposals which I am really positive about.

“They have the potential to bring serious investment to the site which will help transport Ebrington Square to the next level and thus become a real economic driver for the city and the north-west area.



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