Market Leads & Opportunities

£75m revamp plan for former Belfast Telegraph building

Source: https://www.belfasttelegraph.co.uk

A proposed £75m revamp of the former home of the Belfast Telegraph with the potential to support 2,000 jobs is unveiled today.In its first joint venture with a private sector developer, Belfast City Council is joining Co Tyrone firm McAleer and Rushe in a project to turn the building into ‘The Sixth’.It would support 650 construction jobs.BelTel LLP launches the project, intended to be the centrepiece of a new creative district in the city, at property conference MIPIM in the south of France today.It hopes to carry out a major refurbishment of the listed building, turning it into flexible workspace and commercial space, with cafes, restaurants and shops on the ground floor.