The Maldron Hotel, Manchester is the latest project in a series of success stories for SRMCV who in a JV with Catalyst Capital successfully completed the development of a high quality 4 star hotel for Aviva Real estate and their partner the Dalata Hotel group.
The £47m development is located on Charles Street and operated by Maldron Hotels.
The 17-storey new build comprises 278 modern rooms, a restaurant and bar, an on-site coffee shop, a fitness suite and meeting spaces.
This hotel development will serve to make a positive contribution to the on-going regeneration of Manchester City Centre by improving the built environment, optimising the use of an underutilised city centre site, creating new accessible employment opportunities, as well as supporting Manchester’s growing visitor economy.
“We have used our vision, business connections and leadership to make something quite special happen,” said John Parnell, Project Development Director for Sir Robert McAlpine Capital Ventures Ltd.
“The hotel is now an integral part of the new Circle Square neighbourhood, offering a significant new area in Manchester City Centre for visitors to explore, and is ideally placed for the future Innovation District on Oxford Road. The project adds to the variety of Manchester’s hotel offer, with an established operator with a new brand in Manchester.”
Sir Robert McAlpine Capital Ventures (SRMCV) team acted as developer with a 50% stake in the Joint Venture (JV) development company alongside our partner Catalyst Capital, representing Catalyst European Property Fund 11. SRMCV was also the Development Manager providing overarching management and leadership to the scheme.
Aviva Real Estate are the scheme funder and the hotel was built by Macleer and Rushe.
