The Mercantile is a proposed nine storey office building comprising ground floor restaurant / leisure space (c.8,000ft2) and eight floors of office accommodation above (c.62,000ft2).
The site was formerly occupied by a six storey building (28,000ft2) designed by Robinson McIlwaine Architects for The General Accident Assurance Corporation. Built between 1984 – 1986 (planning ref: Z/1984/0597). The General Accident Building was placed on the market in January 2016 by Lambert Smith Hampton with offers invited in the region of £3.5m. The building was acquired by Killultagh Estates in June 2016 for an undisclosed sum.
Killultagh Estates and Todd Architects submitted a planning application (LA04/2017/0288/F) in January 2017 proposing to demolish the existing building and develop a 10-storey office building with two basement parking levels and retail use at ground floor. The proposal was later amended to 9-storeys and recommended approval by Belfast Planning Committee in August 2017. The application was approved in April 2019.
B. Small Contracts Ltd commenced demolition of the building during early 2019. Construction is expected to commence during autumn 2019.