Sonder withdraws from £20m Lotus aparthotel project in Belfast city centre – The Irish News

US aparthotel operator Sonder has pulled out of a £20 million project in Belfast with Co Down property group Lotus.

Banbridge-based Lotus Property announced the San Francisco short-term rentals company as the operator for its ‘The Well’ accommodation scheme on Wellington Place just over a year ago .

But the NASDAQ-listed company has now confirmed it will not be progressing with the Lotus project.

Sonder, which is currently based in 40 cities around the world, said it will instead partner with the Z Property Group for its nine-storey Dublin Road scheme in Belfast, which will feature 84 serviced apartments.

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<img data-chromatic="ignore" alt="CGI of Z Property's new Dublin Road serviced apartment scheme, which will be operated by Sonder." class="c-image" loading="lazy" src="https://www.irishnews.com/resizer/v2/6AAADLOOK5BU3K374GVO5F44HA.jpg?auth=3e5256a922848c54fc4068237f7a564e17b5d4658bb1dbded16f9e579169643a&width=800&height=450" srcset="https://www.irishnews.com/resizer/v2/6AAADLOOK5BU3K374GVO5F44HA.jpg?auth=3e5256a922848c54fc4068237f7a564e17b5d4658bb1dbded16f9e579169643a&width=274&height=154 274w, https://www.irishnews.com/resizer/v2/6AAADLOOK5BU3K374GVO5F44HA.jpg?auth=3e5256a922848c54fc4068237f7a564e17b5d4658bb1dbded16f9e579169643a&width=400&height=225 400w, https://www.irishnews.com/resizer/v2/6AAADLOOK5BU3K374GVO5F44HA.jpg?auth=3e5256a922848c54fc4068237f7a564e17b5d4658bb1dbded16f9e579169643a&width=768&height=432 768w, https://www.irishnews.com/resizer/v2/6AAADLOOK5BU3K374GVO5F44HA.jpg?auth=3e5256a922848c54fc4068237f7a564e17b5d4658bb1dbded16f9e579169643a&width=1024&height=576 1024w, https://www.irishnews.com/resizer/v2/6AAADLOOK5BU3K374GVO5F44HA.jpg?auth=3e5256a922848c54fc4068237f7a564e17b5d4658bb1dbded16f9e579169643a&width=1440&height=810 1440w" width="800" height="450"/> CGI of Z Property's new Dublin Road serviced apartment scheme, which will be operated by Sonder. Lotus Property, which owns The Boulevard and The Junction shopping outlets, bought the former HMRC offices at Beaufort House in 2020 with the intention of turning it into an upmarket office scheme.