Planning permission has been granted to transform a listed building in Belfast city centre into a boutique hotel.

Ireland’s environment minister Mark Durkan recommended planning approval for a £12m redevelopment of the Grade B1 listed Scottish Mutual Building, which sits opposite Belfast City Hall.

The development retains all of the building's original features and there will be two bars and two restaurants, along with 10 serviced apartments in addition to the hotel's 40 bedrooms. Durkan said the plans would ensure the building remains a historic landmark within the Linen Conservation Area.

"The significant investment demonstrates confidence in the local economy,” said Durkan. “This boutique-style accommodation will boost tourism by enhancing choice for tourists, business travellers and local people.”

The company behind the proposal is Tullymore House, which owns and runs the Galgorm Resort and Spa in Ballymena, and bought the building in 2012 for just under £2m.

Colin Johnston, project manager, said: "These plans have been carefully based on our belief that we can add real value and worth by turning this landmark building into a contemporary and stylish venue."

The hotel is expected to be open by summer 2016 and could support up to 180 full and part-time jobs once up and running.