McAleer & Rushe, a developer and contractor based in Northern Ireland, is set to begin construction on a £82m, 620-room hotel and hybrid aparthotel development in Paddington, London.
The scheme, led by developer Concierge 3 – a consortium of BSW Land & Property, Staycity and The Pickstock Group – is the final stage of the Paddington Basin Masterplan and part of a wider investment under which offices, shops, homes and leisure facilities have been built over a number of years revitalising this location.
The project is expected to create several jobs and with the launch of the Elizabeth Line in the future, it will also support economic regeneration as Paddington continues to grow as a hub for business users and leisure visitors to the city.
Expected to open in 2021, the new development will be constructed on an existing two-storey basement and feature a 373-bed Premier Inn and a 247-bed Staycity aparthotel across 19 floors.
The scheme will also deliver 27,000ft² of social and community floorspace.
McAleer & Rushe Contracts UK commercial director Emmett McGinley 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 façade has been designed to include three types of materials – combination of light and dark limestone and basalt cladding; metal rainscreen cladding acting as a golden feature and glazed masonry elements running vertically.
BSW Land and Property CEO and Concierge 3 spokesperson Rabeea Shamsi said: “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 the project and look forward to seeing this investment come to life on site.”
McAleer & Rushe has delivered more than 24,000 hotel bedrooms in key cities across the UK and Ireland.
Image: CGI of a hotel to be constructed at North Wharf Gardens in Paddington, London. Photo: Courtesy of McAleer & Rushe.