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24/02/2012
UU Unveils £250m Building Plans
A Northern Ireland university has bought-up a large plot of land to develop a multi-million pound development.
The University of Ulster secured a land deal in Belfast's north inner city to house its new £250m campus.
Detailed plans, which include a glass 10-storey building in York Street, will be revealed next week.
The new plans come as the university makes moves to demolish the main mall building at Jordanstown – the majority of the university’s 14,000 will be relocated to the new Belfast campus.
It is understood that hopes are the plans will be approved in the next six months and work will commence at the end of the year.
The building programme will be the largest single investment in the university's history.
It is understood the university plans to fund most of the ambitious relocation from private finance - similar to taking out a 25-year mortgage.
A financial contribution will be expected from the executive.
(LB)
The University of Ulster secured a land deal in Belfast's north inner city to house its new £250m campus.
Detailed plans, which include a glass 10-storey building in York Street, will be revealed next week.
The new plans come as the university makes moves to demolish the main mall building at Jordanstown – the majority of the university’s 14,000 will be relocated to the new Belfast campus.
It is understood that hopes are the plans will be approved in the next six months and work will commence at the end of the year.
The building programme will be the largest single investment in the university's history.
It is understood the university plans to fund most of the ambitious relocation from private finance - similar to taking out a 25-year mortgage.
A financial contribution will be expected from the executive.
(LB)
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