Marick Real Estate has been chosen as development partner for Oxford City Council’s redevelopment of the Odeon cinema in George Street.
Marick and Makespace Oxford will deliver a new cultural community hub along with an apart-hotel, operated by Dublin-based Staycity Group under its premium Wilde brand.
Plans will also include improvements to the public realm. As part of the agreement the development will offer apprenticeships for people in Oxford during construction and, on completion, at the apart-hotel which will also be committed to paying the Oxford living wage.
Cllr Susan Brown, leader of Oxford City Council and cabinet member for inclusive economy and partnerships, said: “This is a once-in-a-generation redevelopment. We are extremely excited to see the building regenerated.
“Oxford City Council has been encouraging more hotels to open in Oxford city centre to help boost the local economy. Those staying overnight spend, on average, about 1.5 times more than those on day trips so providing central accommodation is vital.”
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