Russelsheim-based MERKUR Development Holding (MERKUR) and NOVUM Hospitality are continuing to extend their partnership. MERKUR, as developer for NOVUM Hospitality, is to build a new hotel at Mergenthaler Allee 23-25 in Eschborn/Taunus.
The long-term tenant will be the mid-range “niu” hotel brand. When completed, the 7-storey building is anticipated to provide 176 hotel rooms and 83 apartments for long-term stays.
Preliminary discussions with the Eschborn local authority have already taken place and the plans are being expedited in the framework of the existing development plan. An application for planning consent is currently in preparation and will be made during the next few weeks. Subject to approval being granted, construction is scheduled to begin in the first quarter of 2019. There are over 50 niu hotels.
This is the fourth for which NOVUM Hospitality has commissioned MERKUR as developer. “We very much appreciate the strategic partnership with MERKUR and, thanks to our repeated collaboration, we are looking forward to agile processes that will bring our niu hotel to optimal completion” explains David Etmenan, Chief Executive Officer and owner of NOVUM Hospitality.