Bruntwood, one of the UK’s leading regional property firms, will develop the 326-room hotel in a 19-storey building under an investment deal with M&L Hospitality Group.
The landmark development, designed by architects BDP and Leach Rhodes Walker, will provide high-end accommodation for visitors to the University, its business school and the wider city.
The hotel, which forms part of Bruntwood’s wider redevelopment of Manchester Business School (MBS), will adjoin a new two-storey Executive Education Centre, which will provide a new home for the business school’s corporate leadership and management programmes.
Professor Fiona Devine, Head of MBS, said: “The hotel will provide an excellent base for all our visitors from across the globe to explore Manchester and the North West, with easy access to MBS and the University.
“The new Executive Education Centre will enable us to grow our international client base of some of the world’s leading businesses and public sector organisations.”
The development is part of the University’s £1bn Campus Masterplan, which will create some of the most modern campus facilities in the world along the southern gateway to the city, known as the Manchester Corridor.
Chris Roberts, Bruntwood Development Director, said: ‘The hotel and adjoining Executive Education Centre will be a landmark development for the Corridor and a great addition to the amenities of the city’s tourism and business offer.’