The plans provide for the demolition of the existing structure and erection of a 14-storey apart-hotel made up of 189 apartments, a bar and restaurant, gymnasium, meeting rooms and event space. Oakland Holdings is also currently completing the 230,000 sq ft Merchant Square city centre office and retail development.
Director Gareth Graham said: “Following a pre-application consultation which was very positively received, we have now submitted a planning application for an Apart-Hotel which provides a combination of the best parts of a hotel with the advantages of a luxury apartment. We’ve thoroughly researched the Apart-Hotel concept and provision in other major cities and believe that the business community in particular will welcome this development.
“Our proposed Aparthotel is an ideal project for this site, complementing and enhancing the Queen Street area and providing appropriate leisure space, business space and bed space for the growing business and tourism sectors. Increasingly, businesses are choosing to locate in Belfast city centre and we are facilitating that increased investment.
“This is the message we have brought to MIPIM this week as we continue to seek investment opportunities at home and elsewhere.”
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Oakland Holdings Director Gareth Graham pictured with Belfast City Council Chief Executive Suzanne Wylie at the Belfast stand at MIPIM.