Business

New York owned developer launches £10m Belfast office bid

An artist's impression of the Domus UK office plan
An artist's impression of the Domus UK office plan An artist's impression of the Domus UK office plan

A UK developer has launched a £10m bid for a new office project in Belfast’s Linen Quarter.

Surrey-based Domus UK’s plans surround buildings at 27-37 Linenhall Street and 8-10 Clarence Street, close to the Ulster Hall.

The company, which previously developed a 700 unit student building in Belfast, is ultimately owned by NCH Capital.

Headquartered in New York, NCH initially began investing in Russia in 1991 after the collapse of the Soviet Union. Since then, it has launched 25 funds around the world.

Designed by Hester Architect practice, the office proposal provides for around 54,000 sq ft of grade A office space.

While the proposal remains at the pre-application stage, Domus have said the development could begin this winter.

More details of the bid are due to be presented at a public event in the Clayton Hotel on November 12.

Ian Layford, from Domus UK Ltd said: “Belfast’s Clarence Street and Linenhall Street collectively have a strong legacy as a leading business district in Belfast as enterprises continue to be attracted to the area due to its prime location as a connectivity hotspot.

“This redevelopment proposal, along with other exciting plans such as the BBC’s well-known plans to transform its Broadcasting House headquarters, will help contribute to enhancing the Linen Quarter’s position as a thriving, urban landmark network to both regular and visiting users of the area alike.”

Philip Stinson, director with the project’s planning consultants Turley added: “This contemporary regeneration proposal is part of a city-wide response to the changing needs of Belfast residents, workers and visitors.

"Our client’s plans for these well-known Linen Quarter streets, as well as the development proposals already submitted by neighbouring organisations, demonstrate the importance of maintaining the district’s appeal as an enduring and exciting place to work, live and enjoy.”