A former linen warehouse is set for a major makeover after Social Development Minister Lord Morrow announced the preferred developer to undertake redevelopment work on Armagh House in Belfast.
KARL Asset Management will carry out the redevelopment work with plans for office space and a restaurant/café bar with retail space.
“Armagh House has been derelict for a number of years and it is with great anticipation that a preferred developer has now been appointed to take this exciting project forward,” said Lord Morrow.
“Located within the Linen Conservation Area of Belfast, one of the aims of the redevelopment will be to retain the external facade and as much of the original character as possible whilst creating a modern and fit for purpose new building.”
The area has been extensively redeveloped with a number of former linen warehouses converted into office or residential uses.
“This attractive development will not only add to the vitality of this area but will contribute long-term benefits to the local community through the creation of new job opportunities,” added the Minister .
Aran Blackbourne of Karl Asset Management said the firm was “thrilled” to have been appointed for the project.
“Seldom do opportunities like this come onto the market. The exposed brickwork, generous floor to ceiling heights, extensive glazed elevations and its prominent frontage makes this a unique asset with an abundance of character and charm.
“Subject to planning permission, our aim is to create a mixed use scheme comprising ground floor restaurant/café bar/retail space and around 2,277 sq m of Grade A office space over four upper levels.
From our first site visit we could see the fantastic opportunity to create a vibrant and inspiring business space that will appeal to many, particularly the rapidly growing tech and creative industries. As this historic building was once a linen warehouse we have decided to rename it as The Weaving Works.”