Full details of the proposed deal have not been made public. The BBC has been in discussions with the council about using a large-scale studio space within the Belfast Stories project once it is built.
It is understood the plan would allow the broadcaster use of the space for 140 days a year for at least 10 years.
It would not have exclusive access to the space and it would not be branded as a BBC studio, as other organisations could use it, for exhibitions, film-screenings or other cultural events.
The Belfast Stories centre will be based at the site of the former Bank of Ireland building at the junction of Royal Avenue and North Street.
It will use words, pictures and sounds to illustrate the city’s past, present and future.
The aim is to make it a tourist attraction.
