 Windsor House has been bought for �30m |
One of Ireland's tallest buildings is to be converted into luxury apartments. Windsor House on Bedford Street in Belfast city centre stands at 80m high and has been bought by County Cavan building company P Elliot for �30m.
The 23-storey block is currently used as government offices and houses the Parades Commission, the British-Irish Joint Secretariat and the European Commission.
However, planning permission will have to be obtained before the block can be transformed into a residential development.
University of Ulster housing expert Paddy Gray said such city centre redevelopments were growing in popularity across the UK.
"Certainly you will find that plenty of people want to live in the city centre as Belfast grows in popularity," he said.
"You will find that those apartments in the city business district will hold their prices very well, it is a very good location and there is obviously demand for people to live in the city centre.
"There is more confidence coming into Belfast now and people would be willing to pay very high prices to live in the city centre and avoid commuting."
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