Leeds: 16-storey hotel set to be built on site of Leeds International Swimming Pool
A 16-storey hotel development is set to provide an economic boost for the heart of Leeds.
Marrico and Helios Real Estate have secured £46m of forward funding from Aberdeen Investments for the delivery of a new room2 hotel in Leeds city centre, which is set to be built by Caddick Construction.
A spokesman said: “The development will be on the former Leeds International Swimming Pool site and forms part of the wider Lisbon Street regeneration in the west end of Leeds. Marrico and Helios will act as developer, with Lamington Group secured as operator under its room2 hotel brand.
"The 16-storey scheme will comprise 200 hotel rooms, including a mix of studio and suite accommodation designed to cater for both short- and extended-stay guests. The development will also include a ground floor café and bar under the Winnie’s brand, alongside meeting and events space, a gym, laundry facilities and retail concessions.”


Building work is scheduled to start in May 2026, with Caddick Construction appointed as main contractor. The scheme is expected to be completed in Spring 2028.
The spokesman said: “Designed by DLA Architecture, the building will be fully electric and powered by renewable energy, supporting a low-carbon and sustainable approach to hospitality in line with room2’s brand positioning.”
Scott Barnes, Development Director, Marrico said: “This has been a highly collaborative process with Helios, Aberdeen, Room2 and Caddick Construction, alongside the wider design team. We are proud to have brought the project forward to this stage. Securing funding is a significant milestone and we look forward to delivering another high-quality hotel in Leeds following the completion of Hyatt at Sovereign Square”
Zoe Cartner of Helios Real Estate added: “We are delighted to have reached this milestone and to be continuing our partnership with Marrico. Lisbon Street is a key regeneration site and this scheme will make a strong contribution to the area.”
Robert Godwin, CEO of Lamington Group, said: “Our ambition is to deliver hotels across the UK which combine great guest experiences with a responsible approach to hospitality. We’re excited to be bringing a new sustainability-led room2 hotel to Leeds in partnership with Aberdeen Investments, Helios Real Estate and Marrico LLP.”
Steve Ford, Regional Managing Director of Caddick Construction Yorkshire & North East, added: “We are very proud to be appointed as main contractor on this landmark scheme in Leeds. The Lisbon Street development represents an opportunity to contribute to the ongoing regeneration of the West End.”
