Anglo Holt Construction has secured its largest ever project with hotel giants Travelodge, it was announced today.
West Bromwich-based Anglo Holt has been awarded the contract by clients Merchant Place Developments to build the 219-bedroom Travelodge at Eastern Gate, in Cambridge, which has a project value of around £9 million.
The Charities Property Fund has provided forward funding for the project. The design and construction deal extends the company’s successful 12-year partnership with Travelodge, which has seen it complete 54 hotels, with a further eight contracts currently in progress, worth a total of more than £200.5 million.
Anglo Holt managing director Andy Elwell said he was delighted that the company had secured another Travelodge project.
“Travelodge Cambridge will be the largest project we’ve handled on behalf of the company to date and it enables us to contribute further to the continued growth of Travelodge throughout the UK.
“Our ability to deliver hotels on time and on budget for Travelodge has been clearly demonstrated in the completion of 54 projects to date. Our capabilities as planning consultants, building designers and constructors have seen us rise to the challenge of completing many new build schemes but also the transformation of traditional, out-dated hotels into the highly successful Travelodge formula,” he added.
The new hotel will have a bar café and basement car park. Built on a brownfield site, the six-storey reinforced concrete and timber frame building will have a one MW photovoltaic installation on its roof. Work on the 51-week project is due to be completed in April 2013.
The 62 UK Travelodge hotels, as far afield as Fort William in the north and Paignton in the south, include 5,536 bedrooms. The average contract length is 29 weeks, with an average value of £3 million. Contracts worth a total of £31.4 million currently in progress include Eastleigh, Epsom, St Helen’s, Wincanton, Poole, Fort William, Woolwich and Vauxhall, London. The previous largest individual contract was the building of the £7.5 million, 201-bed Travelodge at Manchester Airport, closely followed by a 200-bed hotel at Birmingham International Airport.
Tony O’Brien, UK Development Director for Travelodge Hotels, said: “Anglo Holt have been instrumental in helping us grow at the pace we have. Sixty two hotels is an incredible achievement and the speed at which they work enables us to get our hotels open quickly and filled with our customers.”
Significant projects recently completed include Birmingham’s largest Travelodge, which is part of the £45 million mixed-use scheme in Upper Dean Street, a key regeneration area identified in Birmingham City Council’s Big City Plan.
In recent months Anglo Holt also completed, two weeks ahead of schedule, the Travelodge at Birmingham’s airport – an eight-storey landmark building overlooking the runway.
Based in West Bromwich in the West Midlands, Anglo Holt has an annual turnover in excess of £50 million and employs around 100 people. Its objective is to guarantee to deliver quality, reliability and added value throughout the total process of design, construction, project management and cost management