The proposals also include a new Students' Union facility to be developed on the site of the current Students' Union building.
The project is due to commence in 2019 and open in September 2021.
The new centre will consolidate all student services under one roof, alongside a new Students' Union facility.
Acting President and Vice-Chancellor, Professor James McElnay, said: "Our vision is that this project will bring the University and the community it serves closer together in line with our Social Charter. The new Student Centre underlines the University's commitment to further invest in our students to enhance their experience and create world class facilities. In Northern Ireland our people are our greatest resource and this project underlines the commitment of Queen's to invest in our future leaders and to strengthen the region's developing knowledge-based economy in line with the Programme for Government aspirations.
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"The new Student Centre will also make a significant contribution to Belfast's ongoing local development plan in line with the Belfast Agenda. We will continue to work with our students to develop the new centre and enhance the Queen's experience for all our students and staff."
(CD/LM)
