The station entrance will be upgraded and it will also be renamed Lanyon Place.
Chris Conway, Translink Group Chief Executive, said: "Attractive, high quality passenger facilities play an important role in delivering the Programme for Government objective of increasing the use of public transport and active travel.
"Over 2.6 million passengers used the station last year, and this work will provide a new modern, more welcoming frontage to replace the current 'blast wall', enhancements to the ticketing area, improved retail/café offerings and the provision of a new Belfast Bike dock.
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"When the work is completed it will enhance the overall passenger experience and also support the rapid regeneration of the surrounding area. We would also hope to attract some of the 8,000+ employees from the surrounding offices to use public transport if they are not already doing so.
"We consulted with a range of local stakeholders regarding this name change, and Lanyon Place made sense in order to provide more clarity on where the station is geographically located within the city. We plan to phase the new name in over the coming months, with the official name change introduced from September when the works are due to be completed."
(CD/LM)
