Allstate to issue update on move to new Belfast offices today
IT giant Allstate is set to make a major announcement about progress of its new Belfast headquarters this morning.
The Belfast Telegraph revealed last year that the company, which employs around 2,000 people in Northern Ireland, had bought a new building next to Maysfield Leisure Centre.
Allstate bought the site, which had been on the market for £1.7m, from Belfast City Council.
In February last year, Allstate NI and WDR & RT Taggart Architects submitted a planning application to redevelop the site, with plans for a six-storey office building.
The area extends to around 1.8 acres to the rear of the former Maysfield Leisure Centre, close to Central Station.
Allstate NI is the largest IT employer in Northern Ireland with offices in Belfast, Londonderry and Strabane.
It was set up in 1998 as Northbrook Technology, before being rebranded 10 years later under the Allstate banner.
It's a wholly-owned subsidiary of the Allstate Corporation, which is the largest publicly owned property and casualty insurer in the US.
The Northern Ireland company provides software development services and business solutions for the parent company.
Call centre firm Concentrix is taking over the former Maysfield Leisure Centre building itself.
But it locked horns with Allstate over its plans, and raised a series of objections to the company's scheme.
However, Allstate went on to win planning permission in late October.
Its plans for the site include an open space area, upgrades to the foot and cycle path, a spend of £2,000 each year on maintenance of a playground, the creation of open gardens, and the inclusion of a Belfast Bikes dock.
In its latest accounts, Allstate NI announced pre-tax profits of £7.8m, up 70% on the year before.
John Healy, the former boss of Citigroup in Belfast, recently replaced Bro McFerran at the helm of Allstate in Northern Ireland.
It has won many awards in recent years, including for Excellence in Management and Leadership at the Belfast Telegraph Business Awards in 2015.