Belfast Telegraph

Offices plan for two prime Belfast city centre buildings

By John Mulgrew

Two interconnected buildings in Belfast city centre could be transformed into offices.

Early plans are under way on the Paper Exchange, which would see Oxford and Gloucester House turned into a new "mixed use" scheme. That would include a nine-storey development on Chichester Street and Gloucester Street, and a 10th storey, which would be set back from the frontage.

The buildings were purchased by Co Down developer Wirefox last year. A public event will take place today and tomorrow at the buildings.

It is understood that Holywood-based Wirefox paid close to the £5.75m asking price for Oxford and Gloucester House on Chichester Street. The building has been let to the Department of Finance and Personnel and other Government tenants since it was built in the 1970s.

At the time Wirefox director of investments Steven Flannery said: "There is a market requirement and Wirefox is confident that over the coming years we will play our part in placing Belfast on a strong footing by providing more grade A office capability."

Belfast Telegraph

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