Published Tuesday, 02 July 2013
Derry~Londonderry is the UK City of Culture 2013. (© Pacemaker)
The 17 bed boutique hotel and bar facilities will be developed in the former Bank building on Shipquay Street, which is located within the historic grade B1 listed city conservation area.
Environment Minister Alex Attwood announced his decision on Tuesday.
"This is good news for Derry. With the recent announcement by Lonely Planet that Northern Ireland is in the top 10 European travel destinations, this boutique hotel in the heart of Derry will enhance choice for tourists, business travellers as well as local people.
"I am committed to the regeneration of Derry City as the economic heart of the North West," he added.
"Planning decisions on hotels, Fort George, Ebrington, the Peace Bridge, the Science Park and many more besides, show a firm commitment to help shape this historic City now and in to the future.
"One of the major opportunities arising from the City's title as UK City of Culture 2013 is the increase in visitor numbers."
The SDLP minister concluded, saying that DOE has approved a total of 386 additional bed spaces for the north west city.
© UTV News