Oxford City Council has selected Marick Real Estate as the development partner for 38-40 George Street, following a competitive public procurement process.
Marick Real Estate has partnered with Makespace Oxford to deliver a new cultural community space in the town centre, alongside an aparthotel, operated by Dublin-based operator Staycity Group; under its premium Wilde brand.
Plans will also include improvements to the public realm and incorporate sustainable practices in both building design and throughout construction. As part of the agreement the development will also offer apprenticeships for people in Oxford both during construction and the forthcoming hotel operations and committed to paying all staff at the aparthotel the Oxford Living Wage.
“This is a once-in-a-generation redevelopment. We are extremely excited to see the building regenerated. Oxford City Council has been encouraging more hotels to open in Oxford city centre to help boost the local economy. Those staying overnight spend, on average, about 1.5 times more than those on day trips so providing central accommodation is vital.”
Councillor Susan Brown, Leader of Oxford City Council and Cabinet Member for Inclusive Economy and Partnerships
“We are delighted to have been selected for this project working with the City Council, engaging with the local community and stakeholders to regenerate the George Street site for a new aparthotel and much needed community space.”
Patrick Going, Managing Director at Marick Real Estate
“Aparthotels are becoming an increasingly popular option for overnight stays and city breaks with both business and leisure travellers so we hope our Wilde brand will enhance and broaden Oxford’s existing accommodation offer. We look forward to becoming a part of the business community in George Street and more widely in Oxford.”
Simon Walford, Development Director UK at Staycity
“We can’t wait to start working with our neighbours and local residents to co-create a place for the diverse communities of Oxford to come together, celebrate our culture and creativity, and support each other in tackling some of the big challenges of our time.”
Andy Edwards, Director at Makespace Oxford
About Marick Real Estate
Marick is an experienced property development company with a proven track record in the accommodation and commercial property sectors, having completed many successful projects across the UK.
Marick has strong relationships with key groups across the development spectrum, including accommodation operators, contractors, and specialist manufacturers. We believe in robust control of the development management process from inception to completion to create real value and sustainable developments. This attitude has seen us lead the way to many industry innovations that are now standard practice.
For more information visit the Marick website.
About Staycity
Award-winning, Dublin-based Staycity Group is one of Europe’s leading aparthotel operators with a growing estate of nearly 6,000 apartments across 32 locations including: Berlin, Birmingham, Bordeaux, Dublin, Edinburgh, Frankfurt, Heidelberg, Liverpool, London, Manchester, Marseille, Paris and Venice. Further expansion will see Staycity operate over 15,000 apartments by 2028. Staycity operates under the Staycity Aparthotels and its premium Wilde Aparthotels brands. The self-catering aparthotels have 24-hour reception and most have a Staycafé selling drinks, snacks and breakfasts.
About Makespace
Makespace Oxford is a community interest company that provides affordable, community-led work, meeting, events and organising spaces across Oxfordshire. They revive and reanimate underused buildings into places that nurture connection and support between organisations with a commitment to positive cultural, social and environmental impact. In the last 5 years, Makespace Oxford has supported over 150 organisations into affordable space and reanimated 28 buildings across Oxfordshire, including multi-resident work and community hubs in Wantage, Didcot, Abingdon and Oxford city centre.
For more information visit the Makespace Oxford website.
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