15th March 2017
Farrans’ leading role in the construction of the North's largest ever office block has moved a step closer to realisation, after plans for the £65 million project on Belfast's Dublin Road were formally submitted to Belfast City Council.
Plans for the project, known as One Bankmore Square, include the construction of a 250,000ft2, grade A office scheme, complete with 8,000ft2 of ground floor space for an ancillary cafe, retail and leisure use. Stretching 12 storeys tall, the building will have enough space to accommodate up to 3,000 employees.
Pending approval, the project will mark Farrans as a key figure in changing the North's ecomomic landscape for the better. The £65m scheme is the first speculative large-scale office development in Northern Ireland since 2008.
The scheme will reap major benefits for the local economy, creating over 570 construction jobs over the course of the two year build. It is forecast that upon completion, the project will have an operational economic benefit of £128m a year.
Farrans have been working closely with the Richland Group, which is behind the exciting new project.
Chief Executive of the Richland Group, Gary McCausland, said, “One Bankmore Square is a quantum leap for Belfast's office market, bringing world-class, grade A office accommodation to the heart of the city centre in a single phase development.
"We have assembled a brilliant, home-grown professional team to deliver this exciting project and we look forward to seeing it through to completion in 2020”.
For more information, check out: http://bankmore.sortweb.co.uk/