Manchester-based Eclectic Hotels is to develop a fourth hotel within a Grade II listed building in the city.
Planning permission has been granted to allow the group to convert the former Manchester and Salford Trustee Savings Bank building on Booth Street into a 40-bedroom boutique hotel.
Originally built in 1872, the building will be transformed with the addition of a rooftop extension to accommodate an event space for up to 200 people and the creation of a rooftop terrace, where afternoon teas and barbeques will be served in the summer.
The ground floor will feature a bar and restaurant, which will be open from 6.30am to 2am seven days a week.
The new hotel, which will employ 70 staff, will compliment the company's existing city-centre hotel, Great John Street, as well as its two properties in Manchester's southern suburbs, Didsbury House and Eleven Didsbury Park.