Talks between Hull City Council and a private developer have stepped up a gear over a proposal for an 118-bedroom hotel in Hull city centre.
It is thought that the project is earmarked for the site of the former Lexington Avenue nightclub in Ferensway, and will be built in time for the UK City of Culture year in 2017.
If given the official go ahead, a nationally known hotel operator could occupy the property.
The news comes after plans for a new boutique hotel in a converted former bank in the Old Town were revealed to also be under consideration.
Speaking to Hull Daily Mail, deputy council leader councillor Daren Hale said: "The developer we are talking to about the 118-bed hotel wants it open before 2017.
"Hopefully, it will go ahead, bringing solid investment into Hull as well as many new jobs.
"It’s a developer we have worked with before and know well."