McAleer & Rushe to start work on £82m hotel complex in London
Co Tyrone construction firm McAleer & Rushe is set to commence work on a £82m hotel complex in London.
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The development in Paddington is expected to be completed in mid 2021, featuring a 373-bed Premier Inn and a 247-bed Staycity aparthotel across 19 floors. The development will also deliver 27,000 sq ft of social and community floorspace.
The Concierge 3 consortium is behind the scheme. It includes BSW Land & Property, Staycity and The Pickstock Group. The hotel scheme is the final stage of the Paddington basin master plan.
Emmett McGinley, commercial director at McAleer & Rushe Contracts UK, said: "We are looking forward to working as development partners with Concierge 3 in delivering this exciting project within the wider Paddington regeneration master plan.
"Our experience in delivering high quality mixed-use buildings will ensure this is a real success and is currently our second major development in Paddington Basin."
Rabeea Shamsi, chief executive of BSW Land and Property and spokesperson for Concierge 3, added: "This exciting development will make a major contribution to the regeneration of Paddington and it also bears testament to London's buoyant and resilient hospitality market.
"We will be working closely with McAleer & Rushe throughout and look forward to seeing this investment come to life on site."