Hospitality group Edyn has signed a deal to develop a new site at Liverpool ONE.
The 60,000 sq ft of serviced apartment space will be located at 39 Paradise Street, with the ten-floor site set to open in the summer.
Alison Clegg, managing director of asset management at Grosvenor Britain & Ireland, said: "This commitment from Edyn, as a highly credible, successful and unique operator, strengthens Liverpool ONE as a leading mixed-use destination.
"Just as we are on the front foot of retail and leisure trends, this new accommodation concept will see Liverpool ONE equipped for post-Covid tourism and visitation needs.
"Alongside the raft of recent signings and re-gears, this deal with Edyn signifies a bright year for Liverpool ONE ahead."
Edyn chief executive Stephen McCall added: "As proven over the last 12 months, our quality-focused, long-stay accommodation model naturally aligns with evolving travel needs, positioning us as leaders for the new chapter of hospitality ahead.
"We look forward to unveiling this compelling new address for edyn at Liverpool ONE, which forms a key part of our dynamic international portfolio."
Savills acted for Liverpool ONE, while Edyn dealt directly.