Lugano have completed on sale of their properties on the North Side of Bridge Street, in Newcastle Upon Tyne, to secure a development contract through Kier Property Developments and Kier Construction that will result in the delivery of a long awaited 222 bed hotel operated by Motel One. The new hotel will result in significant investment within the city Centre promoting over a 100 jobs during the construction phase including opportunities for apprenticeships as well as at least 30 long term jobs in management and the service industry confirming Newcastle as the regions tops tourist destination. Development is expected to start during the month of June 2014, with completion in October 2015. The Hotel will be operable from the Autumn of 2015.