Developers are seeking to create even more student flats in Belfast, with plans for up to 7,000 beds already being considered.
Lacuna Developments from Holywood and Welsh firm Watkin Jones have bought the former Willis insurance offices on Dublin Road, close to Queen's University.
The plan is to develop a £10 million managed student accommodation building comprising 150 rooms by September 2017.
Numerous sites around Belfast have been snapped up by developers in recent months ahead of the opening of Ulster University's new £250m city centre campus.
Construction work is continuing to transform the existing `art college' campus at the top of Royal Avenue.
This will see most courses transfer from Jordanstown to central Belfast and student numbers in the city rise from 2,000 to 15,000.
Accommodation plans are at different stages and vary in size from a small 21-bedroom block close to Belfast Central Library to a massive project involving studios and `cluster' flats for about 800 students at College Avenue, opposite the former Belfast Institute.
The joint venture behind the new Dublin Road development is also converting Belfast Institute's former College Square building, where a £16m project to create 416 rooms is due to be complete by August next year.
It is also planning to develop the landmark Athletic Stores building.
There, a £15m project to create 300 student rooms, is due to start next year and open by 2017.
