GMI Construction Group PLC

GMI Construction Group begins work on £50m York student accommodation scheme for developer Olympian Homes

18/01/2024

GMI Construction Group has broken ground on a £50m student accommodation scheme on the site of a former York cinema and bingo hall.

Developer Olympian Homes is naming the purpose-build student accommodation (PBSA) Rialto House, after the cinema that once hosted a performance by The Beatles.

Spanning 80,000 sq. feet, the four-storey building in the Fulford area will provide 275 beds alongside an array of modern amenities, including a gym, yoga studio, games room, co-working spaces, group dining areas, integrated cycle parking, and landscaped courtyards. In a nod to its heritage, it will also feature a cinema.

The development is a 10-minute walk from the city centre and seven minute bus ride from the University of York.

The site of the Rialto Cinema, which opened in 1913 and was demolished in 2003, is located within an area of archaeological importance and adjacent to the Centra Core Historic Conservation Area.

Latterly the site of the cinema became a car park for the adjacent Mecca bingo hall, which has also since been demolished and is within the scheme’s footprint.

GMI, which is utilising a predominantly local supply chain on the project, is highly active in the PBSA market, with Rialto House bringing the number of student beds it is building in the city to almost 600. This includes 303-beds at a scheme in James Street on behalf of York-based S Harrison Developments, which is currently under construction.

Andrew Hurcomb, GMI's Regional Director for Yorkshire, said: “We are thrilled to begin construction on our on-going collaboration with Olympian Homes to deliver a cost-effective, and sustainable design that helps address a shortage of student accommodation in York.”

James Lindridge, COO & Development Director at Olympian Homes, added: "We are delighted to have now made significant progress on such a landmark site within York. We would like to thank York City Council for their ongoing support in delivering the scheme, and GMI for their professionalism and deft in getting to this stage. We look forward to showcasing a best-in-class student product to assist with the undersupply of Purpose-Built Student Accommodation within York.”

ENDS

News release issued on behalf of GMI Construction Group PLC.

For further information contact Andrew Douglas on 01325 363436

Photo Caption: (L-R): GMI Regional Director Andrew Hurcomb, William Sharpey, Senior Construction Manager, Olympian Homes, and Steve Hornby, GMI Project Manager, break ground at York’s £50m Rialto development

Notes to editor

About GMI Construction Group

GMI Construction Group PLC is an established and successful UK contractor and construction services company providing specialist design and build capabilities spanning multiple sectors.

Founded in 1986, the independent company has a proven track record for the delivery of high quality, energy efficient, often complicated projects from inception to completion with a strong focus on innovation and technology.

It operates across multiple sectors and markets including commercial offices, mixed-use buildings, residential, retail, education, distribution and logistics, manufacturing, hotels, and leisure.

Driven by strong core values, its focus is on exceeding customers to leave a positive legacy in the communities we serve, protecting the environment for the future generation and promoting a safe and inclusive workplace for our colleagues.

https://gmi.co.uk/

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Images

(L-R): GMI Regional Director Andrew Hurcomb, William Sharpey, Senior Construction Manager, Olympian Homes, and Steve Hornby, GMI Project Manager, mark breaking ground at York’s £50m Rialto development
(L-R): GMI Regional Director Andrew Hurcomb, William Sharpey, Senior Construction Manager, Olympian Homes, and Steve Hornby, GMI Project Manager, mark breaking ground at York’s £50m Rialto development
Download Large Image
(L-R): GMI Regional Director Andrew Hurcomb, William Sharpey, Senior Construction Manager, Olympian Homes, and Steve Hornby, GMI Project Manager, mark breaking ground at York’s £50m Rialto development
(L-R): GMI Regional Director Andrew Hurcomb, William Sharpey, Senior Construction Manager, Olympian Homes, and Steve Hornby, GMI Project Manager, mark breaking ground at York’s £50m Rialto development
Download Large Image