A multi-millionaire has lodged an application to transform a former asylum into two luxury hotels, it has been reported.
According to Wales Online, entrepreneur Lawrence Kenwright has applied to Denbighshire Council to modernise North Wales Hospital, also known as the Denbigh Asylum, with the two hospitality businesses as well developing a selection of housing.
According to the businessman, the renovation at the Grade-II listed building in Denbigh, which housed up to 200 patients before it closed in 1996, could create 450 jobs.
According to the publication, Kenwright, chairman of Liverpool-based Signature Living, said: “We believe Signature Living’s plans for Denbigh represent the best possible outcome on all levels – the local community, the local economy, inward investment and job creation.”
Kenwright’s proposal is one of two being considered by the council, the other project is a residential proposal from the Prince’s Regeneration Trust.
Signature currently own five hotels and is in the process of developing another eight.