One hundred new jobs will be created when the Beannchor group's new £4m hotel opens in Belfast city centre next spring.
The planned 55-bedroom hotel at Victoria Street and Ann Street is where the old Lagan House building formerly occupied by the Department of Justice is located.
Subject to planning the hotel is expected to open in early 2016.
The team behind the hotel say it will "epitomise urban chic with stylish, contemporary surroundings, alongside affordable room rates".
The complex will also include a public work space with desktop computer access for residents and non-residents, high speed wi-fi and charging points for phones.
There will also be a ground floor restaurant with a courtyard garden, accessed via Church Lane.
Beannchor finance director James Sinton said: "This latest investment of around £4m follows our major investment of over £20m in the hospitality industry in recent years and will be a major economic boost to the city centre and the wider hospitality sector.
"The creation of 100 new full-time and part-time jobs will be good news for Belfast.
"Beannchor prides itself on creating long and meaningful careers, underpinned by our ongoing staff training and development programmes, in one of Northern Ireland's most exciting industries".
Beannchor also owns the flagship Merchant Hotel in central Belfast, among others.
The development of the new business will be overseen by a dedicated project team, including John Busteed Architecture and Design which has been behind recent projects such as Sixty6 Belfast and Little Wing, Holywood.
Beannchor director Conall Wolsey said: "We're delighted to be bringing a new hotel concept to Belfast and Northern Ireland.
"This will be a hotel that we see as relevant to the modern day life of our customers; a hotel led by design, technology, efficiency, all in a friendly atmosphere, with the service that Beannchor is renowned for within the hospitality industry. The life of the hotel will be the public ground floor space.
"We see this space being used day and night by a range of people, not just hotel guests.
"It will be a place where people can work, relax and socialise, within Belfast's vibrant social scene in the heart of the city centre."
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