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A Dublin investment firm is planning to develop a second student housing scheme in Belfast.

Elkstone Partners has proposed the 850-bedroom development at Corporation Street, close to the Ulster University campus.

The company’s first Belfast scheme, a 156-bedroom development on Bradbury Place, will be completed soon.

A substantial amount of student accommodation has been built in Belfast city centre over the last decade with more under construction or in planning.

Elkstone’s site at 39 Corporation Street is currently occupied by a disused office building.

The company's intention is to demolish the office building and redevelop the entire site.

Ciarán McIntyre, Elkstone’s Head of Real Estate, said the scheme would "deliver significant regeneration and vibrancy to an under-utilised city centre area".

The proposal will be subject to a community consultation before a planning application is submitted.

Other student schemes currently being planned for Belfast include a development of four blocks next to Belfast Metropolitan College in the Titanic Quarter.

The first application for a large purpose student housing scheme in Londonderry has recently been submitted.

A property firm associated with the Cookstown-based LCC energy business has made an outline application for a site on Strand Road.

At this stage the potential scale of that scheme has not been revealed.