Market Leads & Opportunities
Milestone reached in Milburngate development
A milestone has been reached in the Durham city centre Milburngate scheme with the completion of steel work for the new Premier Inn hotel.The Milburnngate scheme is being completed by a joint venture partnership between Arlington Real Estate and Richardson, supported by a £120m forward funding commitment from LaSalle Investment Management.Containing 740 tonnes of British steel supplied by Finley Structures, the framework of the 92-bedroom hotel has been completed by its sub-contractors and paves the way for the next stage of development, which includes the installation of windows and weather tightening before internal works begin before Christmas.Joining the Premier Inn hotel at Milburngate will be Whitbread’s Bar + Block Steakhouse restaurant. Together the hotel and restaurant are expected to create up to 75 jobs in Durham City on opening.The Premier Inn and Bar + Block restaurant will take their place alongside a number of other leisure operators, as well as an Everyman Cinema at Milburngate.
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