McAleer & Rushe to build a £37.5 million Liverpool Hotel
Leading UK design and build construction company McAleer & Rushe has been appointed as the contractor in a major £37.5 million hotel project in Liverpool city centre to be delivered under the four-star Maldron brand of Ireland’s largest hotel operator, Dalata Hotel Group.
The 260-bed Maldron hotel has been pre-let on a 35-year lease to Dalata after Valorem Investment Partners reached a funding agreement with Aviva Investors that will see Aviva forward fund the development on behalf of the Aviva Linked Property Fund.
Designed to achieve a BREEAM Very Good rating, the hotel will be ideally located at the junction of Liver Street and Park Lane, close to the prominent city centre districts of Liverpool One, the Baltic Triangle, and The Albert Dockland representing a major investment in the city.
Inclusive of a bar and restaurant on the ground floor, a suite of meeting rooms on the first-floor level and gym facilities, the 9-storey building has an eloquent design and is configured to wrap around a bright internal courtyard. The building envelope will have a high-quality facade comprised of brickwork, glazing, solid and perforated metal panels.
The design has been developed by delivery architects Urban Innovations and initial construction work is set to begin in early 2022 with a view to the hotel being operational in Autumn 2023.
Mark Diamond, Senior Director of McAleer & Rushe, said: “We are delighted to be working with experienced industry partners Valorem, Aviva Investors and the Dalata Hotel Group, on the design and build of this important new hotel in Liverpool. It is a credit to the skill, expertise and reliability within the McAleer & Rushe team that we have been appointed to deliver this full turnkey project, of the highest quality, and we look forward to working closely with all partners as construction commences early next year.”
This new contract award represents the 9th hotel development McAleer & Rushe will build for the Dalata Hotel Group signifying their long-standing relationship since 2011, with four hotels currently under construction in Manchester, Glasgow, Bristol and Dublin.
