A £7m investment by Barnett Developments to deliver 38 apartments on the Ormeau Road in Belfast has been approved by Belfast City Council’s Planning Committee. This is Barnett’s second recent investment in Belfast’s city centre following their recently completed Portland 88 apartments.
The approved application was for the delivery of a seven storey residential development of 38 apartments with car parking. The site is located between Ormeau Road and Donegall Pass on the site adjacent to Portland 88, which is located on Belfast’s Ormeau Road, next to UTV’s former headquarters, Havelock House.
Nick Barnett, CEO of Barnett Developments explained:
“We are delighted with this approval from last night’s planning committee. We would firstly like to thank Belfast City Council’s planning department who recommended the application for approval as well as their planning committee for the time and effort that they put into considering this application. This development will bring more high quality accommodation to Belfast city centre. This sends out the right message that Belfast is open for business and that the council will make the right decisions to facilitate the city’s future development.
“This investment, in addition to our nearby scheme Portland 88, reflects our confidence in the market in Belfast and that it will continue to be an attractive place to invest in the future. The success so far of Portland 88 has shown the scale of the opportunities that are available in Belfast. Sales for Portland 88 so far have been strong totalling nearly £7.5m.We look forward to playing our part and seeing how Belfast’s potential to attract investment from across the globe continues to grow. Belfast is undoubtedly one of the best cities to buy a home – Barnett work all over the world and we believe that Belfast is on the cusp of huge property growth and demand.
“We have seen a huge amount of interest from a diverse range of buyers who want to live in Belfast city centre. This has included everyone from international investors, corporate renters, to local, young, urban professionals as well as couples who all want live and work in the middle Belfast. The interest from these groups reflects the high levels of demand for accommodation in the heart of Belfast. From our own perspective, it is very satisfying to see this level of demand because it shows that we are providing the kind of homes that people really want to live in. This latest development will help to meet that demand for city centre living.”
Barnett Developments are a family run development company, based in Bristol. Portland 88, constructed on Belfast’s Ormeau Road, features 88 ‘smart’ turnkey apartments which are kitted out with the latest cutting-edge ’Smart’ Home Intelligence System. Portland 88 won the Belfast Telegraph award for the Innovative Use of Smarthome Technology. These appliances include the Fibaro® Home Intelligence System, BringMe® smart mail and package deliver box, and come with an Amazon Echo® with their Alexa® virtual personal assistant. Buyers will be able to control their appliances from their smart phone