Business

Lagan wins £18m contract to build harbour office block

City Quays 2 is to be completed by early 2017
City Quays 2 is to be completed by early 2017 City Quays 2 is to be completed by early 2017

LAGAN Building Contracts have been awarded the £18 million contract to build t he second office block in the City Quays regeneration project at Belfast Harbour.

The offices will go some way to addressing Belfast's current lack of Grade A office accommodation.

The building, next to City Quays 1, which opened earlier this year will be completed by early 2017.

It will also feature waterfront retail space on the ground floor.

Belfast Harbour chairman Dr David Dobbin said: “Earlier this year we completed City Quays 1, of which 85 per cent is currently or soon to be occupied. This demonstrates that there is a high demand for office space of this quality and specification within Belfast.

“Belfast Harbour is delighted to appoint a local contractor to build what we expect to be an impressive addition to the waterfront, and we are pleased with how quickly the development is progressing overall.

“We have already had interest from prospective tenants in knowledge-based sectors and look forward to adding more world-class organisations to the 700 already located in the Harbour Estate.”

Lagan CEO Colin Loughran, added: "We look forward to working with our client, Belfast Harbour, to deliver a state-of-the-art office block.

“We have a fully committed team to ensure the contract is delivered with the highest safety standards, and within programme and cost requirements.”