Trio of new contracts nets £80m boost for Cookstown building firm

Cookstown firm McAleer and Rushe has won three major new contracts
Cookstown firm McAleer and Rushe has won three major new contracts

Cookstown building firm McAleer & Rushe has clinched three new projects, providing an £80m boost to the business.

After winning a £27m contract from Whitbread to build a 380-bedroom Hub for Premier Inn near King’s Cross in London, Taylor Wimpey, one of the UK’s largest residential developers, awarded the firm with a £37m contract to build 91 apartments in the second phase of its Westminster Quarter. They also built the first phase.

McAleer & Rushe has also been appointed on a £17m Design & Build contract by Knightsbridge Student Housing Ltd to build a 361-room student housing scheme in Southampton.

Belfast-based Urban Innovations has been appointed architect on the new-build scheme.

The scheme involves 361 en-suite bedrooms over 8-storeys, a combination of studios and cluster flats.

McAleer & Rushe is also working with KSHL to progress schemes in Portsmouth and Dublin comprising a further 1,000 and 400 beds respectively.

Martin Magee, Managing Director of McAleer & Rushe Contracts UK said: “These new UK contracts are a testament to all of those in our Design and Build Management Teams.

“They have earned McAleer & Rushe an enviable reputation of delivering, even the most challenging projects on time, and on budget.

“They deliver solutions that cement client loyalty and drive our order book.”

The company has also filed results for a separate entity McAleer & Rushe Group for the 18 months to September 2014 which showed turnover of £68.4m reflecting a pre-tax profit of £1.7m.