McAleer & Rushe has underlined its position as a leading player in the UK’s student housing market with its announcement of two major student housing schemes delivering 1280 rooms for central Belfast.
Planning applications have been submitted to develop an 804-room scheme in a 240,000 ft² (approx. 22,296 m²) building on College Avenue, and a 476-room scheme, in a 135,000 ft² (12,541 m²) building, on McClintock Street, on the site of the former 10-storey Belfast Metropolitan College building, which is set to be demolished to make way for the new scheme.
McAleer & Rushe is on target to deliver more than 7000 student rooms by the Summer of 2018, with an estimated value in excess of £400 mln (approx. €560 mln).
McAleer & Rushe are currently on site constructing a 759-room student housing scheme for Unite in Stratford, London which is due to complete this summer, together with a 356-room scheme for Knightsbridge Student Housing in Southampton, which is due to complete in 2016.
Source: McAleer & Rushe