McAleer and Rushe nets £40m contract to build a new hotel in Birmingham
Co Tyrone developer and contractor McAleer and Rushe has been awarded a £40m contract to deliver a new 330-bedroom hotel in Birmingham for Dalata Hotel Group.
McAleer and Rushe of Dungannon Road in Cookstown are also the developers behind the new Maldron Hotel, at Brunswick Street in Belfast city centre.
They are specialist design and build contractors, developers, asset managers and investors in multi-sector, mixed use schemes within the hotel, office and residential sectors and an expanding student accommodation sector.
It's set to report pre-tax profits of £13.4m for 2017, and has around 300 employees.
The company has almost 50 years' experience in the acquisition, design, development, construction and management of a variety of property types.
It operates throughout Ireland and the UK having undertaken projects in London, Belfast, Dublin and cities across the UK and Ireland.
Other hotel projects include the Premier Inn, Wembley, Hampton by Hilton, Edinburgh Airport and Clayton Hotel, Charlemont, in Dublin.
The new Birmingham hotel scheme represents another significant project in the long-standing partnership between the two companies which has seen McAleer and Rushe deliver numerous hotels across the UK and Ireland for the leading hotel operator.
The hotel, which is subject to planning approval, is scheduled to be delivered early in 2021 and is expected to create 100 full-time and part-time jobs, once completed.
It will be the Dalata Group's second hotel in Birmingham following its successful acquisition of the Hotel La Tour in 2017, which now operates under the contemporary Clayton brand.
A 265-bed Maldron Hotel in Newcastle-Upon-Tyne is scheduled to open early in 2019.
Stephen Surphlis, property director, McAleer and Rushe, said: "The new Maldron hotel is a significant project that will enhance Birmingham's continued development and add to the regeneration within the city. With a large economy and major projects in close proximity including the new HMRC regional hub, HSBC's headquarters and the pending HS2 high speed rail network linking to London, we are confident that our investment in the city will make an important contribution to the economy and provide a modern hotel offering for business users as well as leisure visitors.
"Having delivered a range of projects for the Dalata Group across the UK and Ireland we are looking forward to partnering with them, once again, to deliver this exciting new hotel scheme."
Dermot Crowley, deputy chief executive at Dalata Hotel Group, said: "We are very excited by securing this excellent opportunity. Birmingham is a very attractive hotel location and ensures that we continue to grow our development pipeline in the UK as per our growth strategy. We will work closely with McAleer and Rushe through the development phase."
The number of employees currently working for successful Co Tyrone firm McAleer and Rushe