A Paris-based international property development company, Stargime, is behind plans to develop a new £20m Grade A office building in Belfast City Centre.
Plans submitted to Belfast City Council indicate how the former First Trust Bank at 4 Queen’s Square, vacant since 2013, will be incorporated into 80,000ft² of international standard, state-of-the-art office accommodation.
When completed it is envisaged the building will be leased to a major tenant from the financial services industry. Around 154 jobs will be created during construction.
The proposal, which is subject to planning approval, comes at a time when Invest Northern Ireland has highlighted a shortage in supply of Grade A office accommodation in Belfast and throughout Northern Ireland.
“We are seeing an increasing number of large international firms who are looking to relocate parts of their activities to Northern Ireland,” said Stargime director Jonas Mallard.
“The future demand for Grade A office space in Belfast and other areas is anticipated to rise significantly.”