Hotel developer still under active investigation into conduct as director The Scottish Mutual Building in Belfast city centre. Picture by Hugh Russell.
Lawrence Kenwright.
THE developer behind the stalled George Best Hotel project in Belfast is still under active investigation by the Department for the Economy over his conduct as director in the lead up to the company falling into administration.
It comes as a number of bedroom investors, who contributed around £4.1 million to the hotel in the Scottish Mutual Building, announced they are backing Lawrence Kenwright’s efforts to regain control of the Belfast city centre scheme.
Administrators were appointed to Bedford Hotel Ltd in April 2020 after an application by finance firm Lyell Trading, who were owed £7.2 million by the company at the time.