GMI Construction chosen for £50m York student accommodation scheme on former Rialto Cinema site

GMI Construction has been chosen to build a £50m student accommodation scheme in York for Olympian Homes.

The Leeds-based firm will bring to life plans for Rialto House – a 275 bed block which will include a gym yoga studio, games room, co-working and group dining areas. It will be located on the former Rialto cinema and bingo hall site – which once hosted The Beatles – in the Fulford area of the city.

Construction on the 80,000 sqft site is expected to start in the coming weeks pending completion of archaeological work due to its position adjacent to the Centra Core Historic Conservation Area. It is the latest purpose-built student accommodation (PBSA) development to be delivered by Olympian Homes, which is also active in hotel, build to rent, co-living and affordable housing sectors. This project is being delivered in partnership with funder Cain International.

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Andrew Hurcomb, GMI Construction’s regional director for Yorkshire, said: “We are delighted to have secured this contract with Olympian Homes, which is allowing us to continue to contribute to the creation of much needed purpose-built student accommodation in York. Rialto House is a great location, close to the city centre and the university campuses and will support the city in attracting students who want to study in this beautiful and historic city.”

James Lindridge, COO and development director at Olympian Homes, said: “This marks the delivery phase of another scheme for Olympian Homes and aims to address the undersupply of high-quality, purpose-built student accommodation within York. It has been a pleasure to work with the Council, local stakeholders and GMI to deliver this scheme.”

William Sharpey, senior construction manager at Olympian Homes, added: “From identifying GMI as our Contracting Partner on Rialto House to getting on site it has been a positive journey, not without its challenges in a difficult economic environment for construction. I look forward to working with GMI on the delivery of the scheme and exploring synergy between our businesses on upcoming opportunities.”

GMI is also on site at the city’s James Street where it is building a 303-bed scheme for York-based S Harrison Developments.

Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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