The Richland Group is proposing to redevelop the Movie House cinema site at Bankmore Square on the Dublin Road in Belfast city centre. Construction contractor Farrans is already on board as a project partner.
Subject to planning permission, One Bankmore Square will house 255,000 square feet of Grade A office space over 12 storeys, with café/retail/leisure space at street level.
Each single floor plate will comprise of 25,000 square feet of net useable space - a layout that proves popular with office occupiers.
The cost of development of the building and Bankmore Square is estimated to be approximately £65m with the creation of more than 570 construction jobs in the process.
Richland Group chief executive Gary McCausland told The Belfast Telegraph: "We believe that Belfast needs a world-class grade A office development of this scale, a scheme that has the potential to attract and keep the biggest and most successful companies on the planet.
"We have assembled a brilliant home-grown professional team to deliver this exciting project with Farrans joining us as delivery partners.”
Also on the developer’s team are Todd Architects and Arup.
Mr McCausland added: "One Bankmore Square will inject tens of millions of pounds into the local economy, create thousands of jobs, rejuvenate a very important part of Belfast city centre and add incredible value to people that live and work in Belfast and, indeed, Northern Ireland."