£22m office development in Belfast City Quays 2 completed in 18 months
Belfast Harbour has completed a £22m office development as part of its City Quays development.
The nine-storey City Quays 2, which can accommodate up to 1,000 people, was built by Lagan Building Contractors in less than 18 months.
It will play host to a number of firms, including financial services giant Tullett Prebon, and will be the new headquarters of broadcaster UTV. Both of the lettings were first revealed by the Belfast Telegraph.
The building sits beside the original City Quays 1 and the under-construction, AC by Marriott hotel, which is due to open early next year.
Roy Adair, Belfast Harbour’s chief executive, said: “We are delighted with the market demand for City Quays office space. Market research and feedback from stakeholders such as Invest NI indicates that there is a shortage of quality grade A office accommodation in Belfast.
“This has been borne out by the number of enquiries City Quays continues to generate and we remain confident about the strong level of demand for high-end office space in the city centre.
“Since Belfast Harbour began marketing City Quays, interest has been consistently strong, particularly from North America, GB and locally.
“A number of parties have already made initial approaches about City Quays 3 which, depending upon planning, should begin construction early next year.”
It comes as UTV owner ITV has submitted a fresh planning application for new signs and a roof-top satellite at the City Quays 2 building.
The signs will be at the front and rear of the building, on an elevated section at the top of the roof.
UTV confirmed back in May that is to move to new headquarters in Belfast’s City Quays, bidding farewell to its Havelock House base after more than half-a-century.
The broadcaster, which was taken over by ITV last year, will be installed in the new offices by June 2018. Work has also begun on an £18m car park for the area. The 907-car space development is the latest phase of the waterside scheme, and will take around 12 months to complete.
The Harbour is also seeking the green light from Belfast City Council for City Quays 3, which will have 16 storeys with the potential to house 3,000 workers. The overall construction is expected to bring jobs for up to 600 builders.
Speaking about finishing City Quays 2, Jon Adams, managing director of Lagan Building Contractors, said: “Lagan Building Contractors are proud to have successfully delivered this prestigious grade A office development for our client, Belfast Harbour, to facilitate the local business community in Northern Ireland.”
Just last month, Belfast Harbour appointed a new chief executive, just months after boss Roy Adair announced he is retiring from the role.
Joe O’Neill, who is currently commercial director, will take over from Mr Adair when he retires in the spring.
Mr O’Neill joined Belfast Harbour in 1997, and in the last 20 years has held a number of roles.
He was commercial manager and port manager before he was appointed as commercial director in 2005.
Before joining Belfast Harbour, Mr O’Neill was previously quality manager for Cantrell and Cochrane Ltd.
Belfast Harbour is one of the most profitable businesses in Northern Ireland, with pre-tax profits rising by 7% to £35.8m in the last year.