An artist's rendering of the Merchant Square project once completed
Merchant Square, a significant redevelopment and expansion project scheduled to take place at Wellington Place in the city centre of Belfast, has recently received the go-ahead from local authorities, being granted official planning permission.

The project will see extensive refurbishment and extension work taking place, adding an extra 2,115m2 of office space to the existing Oyster House office building and bringing the total up to figures in excess of 250,000sq ft; enough space to accommodate 2,500 individuals. The first phase of the scheme, which included renovations to both Oyster House and Royston House, had already received planning permission towards the close of last year.

“Demand for Grade A office space in Belfast is extremely high with a real shortage of quality stock,” said Lisa McAteer, director with commercial property agency CBRE.

“Merchant Square will be vital in delivering much needed supply and will help Belfast to continue to attract global office occupiers.

“The project will also lead to major job creation within the construction sector in Belfast with over 100 jobs being created during the development phase, and upon completion will be able to accommodate up to 2,500 office staff.

“Many companies, particularly working in IT and technology, are seeking work places that can accommodate large numbers of staff in one area, and that also come equipped with high ceilings and plenty of natural lighting, which is exactly what this property will offer once completed.”

Further plans are now in place to extend the seventh floor of the building, as well as two additional floors above, in a bid to further increase available office space in the area.

The completed project is scheduled for delivery in 2019.

Sam Bonson

Sam is an aspiring novelist with a passion for fantasy and crime thrillers. He is currently working as a content writer, journalist & editor as he continues to expand his horizons.
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