By the spring of 2025, the new Ebrington Plaza building in Derry will be occupied by Alchemy Technology Services.

According to Alchemy, the action shows a continued dedication to the local economy and is a part of a multi-million-pound investment in the north-west area.

Established by John Harkin in 2018, Alchemy presently employs about 150 individuals in the city and an additional 50 in London.

Alchemy's new permanent headquarters will be located in the city's Waterside neighbourhood, which offers around 62,000 square meters of office space.

Heron Property Ltd. created Ebrington Plaza to support economic development and revitalisation in the northwest.

John Harkin, the founder of Alchemy, stated, "This new state-of-the-art office space will allow us to continue our expansion and to create an exceptional work environment for our employees."

By drawing and keeping outstanding people in the northwest, the relocation advances our goal of establishing a centre of excellence for the restructuring of the global insurance sector.

It strengthens Alchemy's standing as a top employer in Northern Ireland and a major influence in the global insurance market.