PROPOSALS for a new build-to-rent scheme in east Belfast are being submitted to Belfast City Council as the partnership between Vinder Capital and Oisin Quinn, one of the founders of Aldgate developments, seeks to develop high quality apartment accommodation on Scrabo Street, south of the Lagan Bridge.
Plans for the new £25 million apartment building The Residence come in response to the growing demand for major residential developments in city centre (the Council’s target is to increase the number of people living in the city centre and grow the city population to 66,000 by 2035).
The development, designed by Like Architects, will provide a flexible form of high quality city centre living within a short walk to the city’s main attractions, helping to transform land which is currently a car park site on Scrabo Street, opposite the existing Quay Gate House.
The Residence apartment complex will offer 151 units, comprising 10 studios, 51 one-bedroom and 90 two-bedroom apartments overlooking the River Lagan and surrounding Titanic Quarter.
Michael Martin of Like Architects said: “The Residence apartments will be on par with the high class qualities associated with build-to-rent properties in other major UK cities.
“Each apartment will be cleverly designed to cater to the metropolitan lifestyle of its residents, with the building also featuring a dedicated relaxation area, state-of-the-art gym, as well as workspaces and meeting rooms.”
Subject to planning approval, construction on The Residence apartments will begin next summer.
Following a successful statutory pre-application community consultation in early 2018, the joint venture will be running a second voluntary public exhibition on Tuesday September 10 at the Hilton Belfast (4-6pm) to further discuss its proposals with the public.
Michael Gordon, head of Northern Ireland planning with the project’s planning consultants Turley, added: “We are delighted to be supporting this exciting proposal in bringing greater residential living spaces to Belfast city centre.
“The additional voluntary public exhibition will provide the community with an extra opportunity to contribute to the refinement of the development’s plans prior to submission.
“These much-needed apartments will be a positive step forward in positioning the city centre as an attractive place to live and contributing to the Council’s city centre growth ambitions.”
