Plans to redevelop, refurbish and extend one of the largest buildings on Belfast’s Donegall Place are an “exciting opportunity” which will instil confidence in those looking to acquire office space in the capital, according to the consortium behind the scheme.Last week, Insider revealed that proposals regarding 35-47 Donegall Place, which fronts onto Fountain Street at the rear, had been submitted.A consortium including Bywater Properties, LRE Capital and Belfast-based Ashmour acquired the prominent 82,000 sq ft site last year.Bywater Properties’ application states that the building is hindered by both its “tired 1970s façade” and the vertical layout internally, a fact “confirmed by existing vacancy in this space”.Once complete, more than 700 workers could be employed within the scheme.Project architect, Timothy Robinson of GM Design Associates, said the proposals “strike a careful balance” between respect for what exists and the desire to bring to Belfast “world class office accommodation which would not be out of place in New York or Hong Kong”.