Work to build Jersey's third office block at the International Finance Centre will start next month.
IFC 6 will be five storeys high, have a restaurant on the ground floor, and include the extension of Trenton Square.
It is due to be completed by early 2024.
“We are in the final stages of detailed negotiations with an anchor tenant who plans to occupy a significant percentage of the building.
These negotiations also highlight that post pandemic, office-based businesses are still looking to either upgrade or expand their workplaces which helps to prove efficiency, productivity and staff wellbeing." - JDC Managing Director, Lee Henry.
Work on IFC 6 had been expected to start in late 2020.
In June of last year permission was granted for a fourth and tallest building - IFC 2.
The short-stay car park at the Esplanade will close permanently from the 5th of October to allow building work on the third office block to start.
During construction works, the 520 parking spaces in Les Jardins car park will remain.
Additional short stay disabled parking will be created in Sand Street car park and additional long stay parking for the disabled will be created at Les Jardins.
JDC says the Les Jardins car park was created in 2015 to replace the Esplanade car park. The ongoing use of 190 spaces at the Esplanade was a 'temporary arrangement' until the refurbishment of Sand Street car park was complete.
It says the temporary parking spaces have remained available long after Sand Street works have been completed but will now close on 5 October.
“I’d like to thank the Jersey Development Company for enabling us to keep the carpark open until this point, which gave us time to refurbish
some of our multi-story carparks. There was always going to come a time when they needed to close off the carpark to begin work on the next stage of the International Finance Centre.
We know the nearby Sand Street carpark has spare capacity to accommodate regular users, and on Level Four of the carpark we will be putting in additional disabled parking, along with nine extra parent/child bays. We’ll also put extra disabled parking spaces at Les Jardins carpark, with additional motorcycle parking created on the Esplanade.” - Deputy Kevin Lewis, Infrastructure Minister.