Belfast City Council has agreed to purchase the Clarendon House site on Adelaide Street and develop a new 100,000 ft² (approx. 9,000 m²) office building ready for occupation in a £24.7 mln (approx. €35 mln) deal with McAleer & Rushe.
The scheme, designed by Todd Architects, received planning permission at Belfast City Council planning committee meeting and will be the most significant office development in the city for ten years.
It will support several hundred jobs during construction. It will be funded at no cost to the ratepayer by efficiencies achieved from rationalising the council’s existing office estate and selling a number of surplus redundant buildings.
Declan Boyle, chairman of the council’s Strategic Policy and Resources Committee said: “We are delighted to be working on this development in partnership with McAleer & Rushe. This is further significant investment in the city centre by Belfast City Council, following on from our £150 mln [€211 mln] investment programme which was launched in 2012.”
Source: McAleer & Rushe