A leading boutique hotel chain has submitted plans for a major hotel development in the heart of York, The Yorkshire Post understands.
Malmaison is planning to transform the former Aviva building on Rougier Street, in the city centre, into a 124 bedroom hotel. The building will also contain 49 serviced apartments.
The development, which is subject to planning approval, would see between 80 and 90 jobs created.
There will also be further jobs in construction should the hotel get the go ahead.
Yorkshire Development One, an arm of Yorkshire Ventures, is behind the scheme and it is believed that Malmaison has signed a 35-year lease on the property.
An extension to the rear of the property is planned, although radical alterations to the building are not expected.
The hotel represents a multi-million pound investment for Malmaison and work could being at the start of 2017.
Malmaison and Hotel du Vin has focused on refurbishing historic buildings in prime city centre locations.
Frasers Hospitality UK Holdings, a subsidiary of Frasers Centrepoint, bought the Malmaison Hotel du Vin group for £363m from an affiliate of KSL Capital Partners in June 2015.
Frasers Centrepoint is listed on the Singapore stock exchange.
The deal marked one of the largest overseas investments by a Singapore-based property firm in recent years. Colorado-based KSL Capital Partners had bought Malmaison and Hotel du Vin for around £180m in 2013.
Malmaison has a presence in 15 cities across the UK. The group is said to currently employ around 250 people in Yorkshire.