The 'Weaver's Cross Regeneration Project' will be located on lands surrounding the new Belfast Transport Hub following approval at Belfast City Council's monthly Planning Committee yesterday, 31 August.
The mixed-use development located to the East and West of Durham Street and South of Grosvenor Road will comprise office space, residential apartments and a hotel. It will also provide public realm, active travel, hospitality and community uses.
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The project will redevelop lands freed up by the future closure of the existing Europa Bus Station and Great Victoria Street train station.
Planning Committee Deputy Chair Councillor Conor Maskey said: "This is positive news for the city with this planning proposal at Belfast's new Transport Hub providing a significant opportunity for both investment and job creation.
"It will make effective use of previously developed land and provide a really important mixed-use scheme that will cater for a wide range of uses including employment, retail, community issues and housing which will support the Council's aims of increasing city centre living."
It is expected that the proposal will deliver a minimum of 400 new homes and at least 80 social and affordable housing units, which would support people in housing need.
