Business

The Foundry: Planning approval for £5m boutique hotel in Omagh

Split image of CGI rendering of people standing outside the new hotel and what the interior, showing tables and chairs.
The Foundry Planning approval has been granted to turn a 159-year-old former bank into a 22-bed boutique hotel.

Planning permission has been granted for a new £5 million hotel in Omagh town centre.

The new 22-bed boutique development is planned for a 159-year-old former bank on High Street, next to Omagh’s courthouse.

Work on the hotel, which will be called ‘The Foundry’, is due to commence in the Autumn of 2024, with the project expected to take 18 months to complete.

The new hospitality venture will feature all day dining and a basement whiskey bar, creating between 50 and 60 jobs.

It will also regenerate the former bank building, which has been vacant since 1998.

The developers behind the new hotel are directors of Co Tyrone contractor Anamore, James McCallan and Anthony Marley, who acquired the building six years ago.

Mr McCallan said they will now begin the search for a strategic investment partner to help fund the project and operate the hotel.

“The Foundry will provide Omagh with a much needed accommodation offer that will support the wider tourism and hospitality ambitions held by Fermanagh and Omagh District Council,” he said.

“The new hotel will be the first of its kind in Omagh town centre since the Royal Arms Hotel closed its doors in 2002.

“The hotel will create well-paid jobs in the hospitality sector and ultimately increase footfall and dwell time in the town.”

Fellow director Anthony Marley added: “It’s a big undertaking but we believe it is a project worth doing.

“We have a very good understanding of the existing structure and have already carried out significant inspection works to understand its construction.

“We are very mindful that it is a well-known local building and is of significant architectural importance to the town.”