Major Paddington Development Reaches Completion
Construction is now complete on the £208.6 million Paddington Basin Masterplan development located next to Paddington Rail Station.
The development features a 373 latest generation Premier Inn Hotel, a 249 bedroom Wilde by StayCity aparthotel, a 240 cover Bar +Block restaurant and a six story, 27,000sq.ft educational facility which will operate as the sixth form for the nearby Marlyebone Boy’s school.
The mixed-use project which was led by developer Concierge 3- a consortium of The Pickstock Group, BSW Land & Property and Staycity, and funded by M&G Real Estate has been constructed by UK design and build contractor McAleer & Rushe. The BREEAM Excellent development was designed by Powell Dobson Architects and delivered by White Ink Architects.
“We are delighted to reach completion of this significant mixed-use complex in a fantastic location which will be realised further with the upcoming opening of the Elizabeth Line” commented Kate Pickstock Development Surveyor for The Pickstock Group.
“We would like to thank our partners and the construction teams that have brought this development to completion in what has been a challenging environment to deliver in” added Kate.
The area has seen significant investment in recent years and this mixed-use development which offers more than one accommodation option and additional leisure facilities will be an important addition to the business and leisure district of the Paddington Basin area.
Mark Elliott, Contracts Director at McAleer & Rushe, said: “We are delighted to have completed the construction of this very significant and complex development which will leave a lasting legacy on the Paddington Basin. The close collaborative working between our team, Concierge 3 and all stakeholders has been a hallmark of the project’s success delivering an impressive mixed-use development. We would like to thank the McAleer & Rushe team, our design team, subcontractors and supply chain who have all been instrumental in the project’s completion.”
