UK: Developer Gareth Graham is applying for planning permission to demolish the Lyndon Court building on Queen Street and build an aparthotel.
Lyndon Court is a three-storey mixed-use development with retail units on the ground floor. Graham’s company, Oakland Holdings, put the building on the market last year with a £2.5 million asking price.
The firm suggested at the time that a 12-storey structure could be built on the site, but the building failed to sell.
A spokesman for Graham said: “The plan is for an aparthotel which will meet the needs of the business community in particular. It is a model which is widely used elsewhere.”
O’Toole and Starkey Planning Consultants will hold a pre-application public event on Oakland’s plans at Belfast’s Wellington Buildings this week.
Oakland Holdings is also launching a new office development, Merchant Square, at nearby Wellington Place. It will be home to around 2,000 staff from business advisory firm PwC.
