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13/02/2019

NI Contractor Lands £62m London Project

Northern Ireland contractor McAleer & Rushe has landed a major job in London.

The firm will begin construction work on a new £62 million hotel and aparthotel development in Paddington.

They were appointed to the project by developer Concierge 3, a consortium of BSW Land & Property, Staycity and The Pickstock Group.

The new 620-room development is the final stage of the Paddington Basin Masterplan.

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The development will be built on an existing two-storey basement and feature a 373-bed Premier Inn and a 247-bed Staycity aparthotel across 19 floors.

Emmett McGinley, Commercial Director, McAleer & Rushe Contracts UK said: "We are looking forward to working as development partners with Concierge 3 and all shareholders in delivering this exciting project within the wider Paddington regeneration masterplan. Our experience in delivering high quality mixed-use buildings will ensure this project is a real success and is currently our second major development in Paddington Basin."

The development forms part of a wider investment in new offices, shops, homes and leisure facilities in the area.

The new hotel-aparthotel hybrid will open its doors in late Summer 2021.

(CM/JG)

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