Construction has begun on the expansive £30m Olympic House project, which will create 150,000 sq ft of offices space in Belfast's Titanic Quarter.
Local contractor O’Hare and McGovern Limited has begun work on the Olympic House project in Belfast's Titanic Quarter, in co-operation with Belfast Harbour and Titanic Quarter. The project will develop 150,000 sq ft of new grade A offices, and will directly support 250 construction jobs.
The building has been designed with sustainability in mind, with underground bicycle and car parking and close proximity to public transport locations. The new construction consists of a six storey office block and a seven storey block linked together, and has been designed so that it can be let on a floor-by-floor or block-by-block basis.
Once completed, it's estimated that the new office space will facilitate the creation of 1,500 new office jobs. The build comes at a time when investment in office buildings in Northern Ireland is booming, with many US tech firms setting up in Belfast in recent years to take advantage of our highly skilled workforce and low cost of living relative to London or the US.
Belfast Harbour’s Property and Place Director Graeme Johnston commented on the project: "Belfast Harbour’s ambition to develop a thriving economic hub for the region has never been more relevant, as we work with key partners to support the NI economy to ‘Build Back Better’ from the pandemic crisis."
"Our partnership commitment to develop Olympic House will facilitate 1,500 jobs when complete and we are pleased to play our part in supporting 250 local construction industry jobs, as building work gets underway. The development will be one of the most modern office buildings in the City, offering accommodation which will support both growing indigenous businesses and new market entrants."
Source: Written based on press release
