Dominvs Group has secured its first partnership with Whitbread to bring a new Premier Inn hotel and Bar & Block restaurant to Milton Keynes city centre.
The real estate investment and development company has acquired a development site just off Avebury Boulevard, one of Milton Keynes’ main thoroughfares, from Milton Keynes Development Partnership (MKDP). In a key location close to the major motorway networks and Milton Keynes Central railway station, the site will house a 180-bedroom Premier Inn hotel and Bar & Block.
Lee Saywack, Development Director of Dominvs Group, comments: “We are delighted to be working with MKDP and Whitbread to bring more high-quality hotel accommodation to Milton Keynes city centre. The development will benefit from excellent visibility from the busy local roads and is set to become a prominent hotel within walking distance from the central train station.”
Stuart Rose, Acquisitions Manager for the Midlands at Premier Inn, said: “Milton Keynes is a strong and growing market for Premier Inn and our expansion at Avebury Boulevard will bring our sixth Premier Inn to Milton Keynes. It will also be the first Premier Inn in the town to feature our new Bar & Block restaurant brand. Our expansion reflects strong demand for Premier Inn bedrooms from our customers looking to stay in Milton Keynes on business or for leisure trips throughout the year.
“Whitbread is making a significant investment in the new Premier Inn and Bar & Block restaurant and we expect to create between 75 and 80 new jobs on opening, with recruitment focused in Milton Keynes and the surrounding area. We look forward to working with Dominvs Group on the construction of the hotel and restaurant as we target an early 2020 opening date.”
‘The Hub’ is located approximately five minutes walking distance to the north east of the site and includes numerous bars and restaurants including Las Iguanas, Zizzi and Pizza Express. In addition, Centre:MK, the city centre’s largest shopping destination, is within 10 minutes’ walk.
Construction will start on site imminently with completion scheduled for 2020.
Dominvs Group was unrepresented in this transaction.
