Plans have now been approved by Belfast City Council for a new 206-bedroom hotel on the site of the former Belfast Metropolitan College Campus.
The proposal, by developer McAleer and Rushe, was officially given the go ahead on Tuesday night, and will see the building transformed into a 206-bedroom hotel with restaurants, bars and leisure accommodation.
The whole 14-storey building would be a mixed-use development and demolition work on the property was carried out over the summer.
The announcement comes just weeks after the city council granted planning permission for the £30m Belfast Grand Central Hotel, which will see one of Belfast’s tallest buildings turned into a luxury four-star hotel.
Windsor House in Bedford Street will be refurbished and extended into a 200-bedroom hotel with restaurant and bar facilities.