CIS online intelligence database highlights the opportunities in the hospitality sector…
The recent resurgence in the hospitality sector is continuing, particularly in Belfast, according to the latest findings by the CIS online market intelligence database.
Plans have been submitted by Hastings Group for a £30million 17-storey hotel at the Windsor House site in Belfast city centre while Cathedral Leisure Ltd is seeking approval for a £4million 55-bed hotel at Victoria Street, with a projected opening in early 2016.
Titanic Foundation has agreed to take the former Harland & Wolf Headquarters Building to construction stage, creating a £5million 84-bed boutique hotel and McAleer & Rushe Ltd plan to create a 206-bedroom, 4-star hotel at Blackstaff Square. The company is also planning a £14million hotel development at Corporation Street. Work will start in September on the £12million boutique hotel at the Scottish Mutual Building.
Outside of Belfast, Shoreside Developments is discussing the possibility of a hotel and spa in Rostrevor, County Down, while Jaramas Investments is proposing a £4.7million 40-bedroom hotel and restoration project at Killeavy Castle in County Armagh.
Activity in the commercial office sector is also gaining momentum. Grade A office accommodation is on the cards at Linenhall Street, Belfast where a 9-storey block is envisaged. Work has recently started on a £24million office complex at Clarendon House for Belfast City Council. Heron Brothers has been engaged by Belfast City Council to construct a £9million innovation centre at Forthriver, providing 52,000sqft of office accommodation.
Tenders are out for a £20million 9-storey office block in City Quays 2 which will take 15 months to complete when work starts on site. In addition, a Paris-based property firm has submitted plans for a £20million office redevelopment at the former First Trust Bank building on Victoria Street in Belfast City, providing an expected 80,000sqft of Grade A office space when completed in 2017.
Finally, Q Mac Construction has been awarded the contract for the £2.4million headquarters office building in Cookstown for the NI Rivers Agency, while the tendering process has started for the £20million office headquarters building at the former Shakleton Army Barracks in Derry-Londonderry.
For the latest construction project leads, visit www.cisireland.com