Currently the site is occupied by a two storey building dating from the 1880s.

NEWStudios and Turley are preparing to submit a planning application proposing a mixed-use 12 storey building comprising community / cultural uses, live work studios and a cafe and community centre.

It is also proposed that the building will house the Belfast Foundation School – a new independent apprenticeship school of architecture, urban design, creative arts and cultural studies, as well as creative and engineering practices.