Hull's Regeneration Boom: Why Contractors and Businesses Need Quality Accommodation

Author: Guestz Date Created: 11 August 2026

Hull is entering an important phase of long-term regeneration. Across the city centre and along the River Hull, major developments are creating new homes, modern workplaces, commercial space and visitor facilities.

For contractors, tradespeople, project teams and businesses, this momentum is likely to increase demand for reliable accommodation in Hull. Construction programmes can run for months or years, while employees, consultants and supply-chain partners may need somewhere more comfortable and practical than a traditional hotel room.

The result is a growing need for high-quality serviced accommodation, flexible short term rentals and professionally managed homes that provide a convenient base for work.

The Treasury Building: a £5.5 million investment in Hull city centre

One of the latest projects to reinforce Hull’s regeneration story is the £5.5 million redevelopment of the Treasury Building on Guildhall Road.

Hull-based contractor Hobson and Porter is delivering the redevelopment, which will modernise the four-storey building and improve its energy efficiency. The scheme is partly funded through the Government’s Salix fund and includes:

New windows
Upgraded heating and cooling systems
Energy-efficient lighting
Photovoltaic panels
Improvements to the external fabric of the building
New meeting rooms and private workspaces

Once complete, the building is expected to accommodate up to 500 Hull City Council employees from corporate, IT and finance teams. These staff will relocate from the Maritime Buildings on Alfred Gelder Street, creating a modern and more efficient operational base.

Completion is expected in summer 2027.

Projects of this scale generate accommodation requirements at several levels. The main contractor may need to house site-based staff, specialist subcontractors and visiting project managers. Equipment suppliers, consultants and technical teams may also need accommodation during key phases of the programme.

For businesses, the practical answer is often not a series of separate hotel bookings. A furnished apartment with a kitchen, living space, Wi-Fi and laundry facilities can provide a more comfortable and cost-effective base for an extended assignment.

East Bank Urban Village: around 850 new homes

The Treasury Building is part of a much broader programme of investment. On the east bank of the River Hull, the East Bank Urban Village is planned to deliver around 850 new homes over a number of phases.

The project is being led by Hull City Council in partnership with the English Cities Fund, with the development planned as a sustainable, mixed-use neighbourhood opposite the historic Old Town.

The proposals include:

Affordable townhouses and apartments
Build-to-rent homes
Shops, cafés and leisure uses
New green spaces
Improved walking and cycling routes
Riverside public realm improvements
Better connections with neighbouring areas, including the Fruit Market

The first phase includes 115 homes, comprising 37 townhouses and 78 apartments. Later phases are expected to deliver more than 700 additional apartments, including a mixture of affordable and build-to-rent accommodation.

A development of this scale will create demand well beyond the final residents who move into the completed neighbourhood. Construction teams, engineers, surveyors, project managers, architects and suppliers may all require accommodation while the site progresses.

The planned 15-year development agreement also means that demand is likely to be spread over a sustained period rather than being limited to a single construction season. For contractors working on infrastructure, groundworks, utilities, construction and fit-out, a dependable accommodation provider can simplify the logistics of placing teams in Hull.

Albion Square: residential, commercial and leisure growth

Another significant city-centre project is the redevelopment of Albion Square. Hull City Council describes Albion Square as a key regeneration site with plans for a high-quality mixed-use development.

Capital&Centric has been appointed as the development partner. The residential element is expected to sit within the region of 200 to 300 homes, with current planning information indicating approximately 278 dwellings. Alongside the homes, the scheme is expected to include commercial, leisure, cultural and public-realm elements.

The proposals form part of Hull’s wider ambition to increase the number of homes in the city centre and create places where people can live, work and spend time. The project also includes the preservation of the iconic Three Ships mural, helping to retain an important part of Hull’s cultural identity within the new development.

For businesses, mixed-use regeneration is particularly relevant. A project that includes housing, offices, retail, leisure and public space can support activity throughout the day and evening. It also brings together a wide range of professionals, from construction and design teams to commercial operators and facilities contractors.

This creates a need for accommodation that is:

Close to the city centre
Suitable for individual workers or groups
Flexible enough to accommodate changing project schedules
Equipped for both work and downtime
Available for stays ranging from a few nights to several months

New hotel capacity reflects existing demand

Hull’s accommodation requirements are also reflected in plans for new hotel provision.

Wykeland Group has submitted proposals for a planned 122-bedroom Moxy hotel in the city centre, close to the Connexin Live arena. The proposed hotel would include food and beverage facilities, a gym and business amenities.

According to reported research behind the Moxy proposal, existing hotel accommodation in Hull is fully booked on more than 100 nights each year. On those dates, visitors may need to stay outside the city and travel in for work, events or other commitments.

That figure provides a useful indication of pent-up demand. It also highlights why serviced accommodation can be valuable for contractors and businesses. Hotels remain a suitable choice for short visits, but apartments can offer additional space and facilities for longer assignments.

A contractor staying for several weeks may value the ability to prepare meals, wash work clothes, relax in a separate living area and maintain a more normal routine. For an employer, booking one or more apartments can also make it easier to accommodate a team while keeping costs under control.

Guestz accommodation options in Hull

Guestz’s City Point Hull apartments are located in the heart of the city, within walking distance of Hull Paragon Interchange, the main shopping areas, the waterfront and key business districts.

The accommodation options include:

One-bedroom apartments

The One Bedroom Apartment at City Point sleeps two guests and is well suited to an individual contractor, consultant or business traveller. It provides a private bedroom, living space, equipped kitchen and washing machine for a comfortable extended stay.

Two-bedroom apartments

The Two Bedroom Apartment at City Point sleeps up to four guests. It can be a practical option for colleagues working on the same project, offering shared living space while providing separate bedrooms.

One-bedroom apartment with sofa bed

For additional flexibility, the One Bed with Sofa Bed apartment can sleep up to four guests. This may suit small teams or businesses looking for a flexible arrangement without booking multiple hotel rooms.

Book quality accommodation for your Hull project

Hull’s regeneration programme is creating a robust pipeline of construction, commercial and residential activity. From the Treasury Building’s £5.5 million transformation to the East Bank Urban Village, Albion Square and proposed Moxy hotel, the city is investing in its future.

For contractors and businesses, that momentum brings a practical consideration: where will project teams stay?

Guestz offers comfortable, fully furnished serviced apartments in Hull, supported by a professional property management company with experience across business, construction and corporate accommodation.

Whether you need a single apartment for a contractor, several properties for a project team or a longer corporate booking, view the Guestz Hull accommodation options or contact the Guestz team to discuss your requirements.

You can also call 01244 646 055 or email bookings@guestz.co.uk.