McAleer & Rushe to build scheme
A joint venture made up of Sir Robert McAlpine’s development arm and real estate investment company Catalyst Capital is set to start a £47m hotel project in the centre of Manchester.
Aviva Investors is funding the development and McAleer & Rushe has been appointed to build it.
The 17-storey, 278-bedroom Maldron hotel will be on Charles Street and sits within the Oxford Road Development Corridor.
Having secured Dalata Hotel Group to lease the hotel with its Maldron brand, Catalyst obtained planning consent for the development in May this year.
The scheme will be Dalata’s third hotel in Manchester.