300 new jobs could be created as part of a new £10 million hotel and retail development in the grounds of the Gransha estate.
The plans were discussed at the monthly meeting of Derry City Council’s planning committee on Tuesday when John McGinnis, McGinnis Group, and Irwin McNeill, Rapport Architects, addressed councillors.
The proposed development, if it gets planning permission, will be built in the grounds of the Gransha estate, close to the Caw Roundabout, and will include a major foodstore and a 100 bed hotel.
Mr McGinnis said that while he could not yet secured an anchor tenant for either the retail unit or the hotel, he was confident that both could be found easily.
“There is competition in the marketplace and the first person in the line with planning permission will be able to attract an operator. That will not be a problem. We are talking to international operators in terms of the hotel and national operators in terms of the store,” he said.
Mr McGinnis said that the project will create up to 300 jobs.
“This will be an investment of £10 million and, overall, will create 300 jobs, 100 in the construction stage and 200 full time position when it is completed,” he told the meeting.
SDLP councillor Brenda Stevenson welcomed the proposal in principle but expressed concerns about the impact on traffic and the possibility of not attracting clients.
DUP alderman Joe Millar gave a broad welcome to the plans.
“It is good to see developers willing to invest in the city,” he said.
Sinn Féin colr. Lynn Fleming also welcomed the proposed development and encouraged the developer to use local labour.
“We welcome the job creation and it is important that social clauses are built in to ensure the maximum benefit for the people of this city and region,” she said.
A spokesperson for the Planning Service said the minister is aware of the application.