Posted on Monday 12 November 2018 by John Mulgrew

 

Albion 1

A new £40m apartment building could be built in Belfast city centre amid early development plans, Ulster Business can reveal.

The Albion scheme could see the redevelopment of an area off Great Victoria Street, currently a car park, turned into a “multiple unit residential development for rental or sale”.

The area is located at Wellwood Street, and bounded by Glenalpin and Norwood Street.

Those behind the scheme, which could be worth around £40m, say around 250 construction jobs would be created at the peak of the build.

A pre-application event is due to take place at the nearby Holiday Inn on November 19.

Ciaran Deazley, project architect from Like Architects said: "The Albion development seeks to provide a landmark building for inner city living. It has been designed as two buildings connected by a landscaped square, the high quality brick and glass facade will bring a contemporary presence and vibrancy to the area."

It’s one of several major schemes under way across the city.

Elsewhere, McAleer & Rushe wants to build a nine to 19-storey building, to include around 347 apartments, and 84 car park spaces.

It would be based at a partially cleared site at Corporation Street.

Search ulsterbusiness.com

Follow us

Subscribe to Ulster Business Magazine

View Our Digital Library

A&L Goodbody Ulster Business Top 100 Banner