Unprecedented levels of investment in a range of regeneration and development projects in the city centre and its neighbourhoods has dramatically changed Belfast’s skyline.
Despite the current economic conditions, Belfast’s physical development continues apace. In 2009 over £500 million worth of developments were unveiled, including the re-opening of the Ulster Hall, Ulster Museum and Belfast City Hall following extensive refurbishments.
There are also a number of huge regeneration projects planned including the Royal Exchange development in the city centre and the Port of Belfast’s expansion project. In addition, phase one of the massive Titanic Quarter project is now underway. Based at the former Harland and Wolff shipyard, this is one of Europe’s largest and most exciting waterfront development projects.
A range of iconic developments have brought life back to the area around the River Lagan including the Belfast Waterfront Hall.
Some of the city’s key development projects include:
Northern Ireland Science Park
Current accommodation is fully let to companies ranging from global giants like Citi and Microsoft, through to spin-out projects from Queen’s University and the University of Ulster.
North Foreshore - Giant’s Park
A trailblazing regeneration initiative on a 340 acre site on the edge of Belfast Lough, two miles from the city centre. A 220 acre public park will transform the area into a must-see visitor attraction.
Port of Belfast
In July 2007, the Port of Belfast announced plans to reclaim 120 acres of land from Belfast Lough at a cost of £630 million to accommodate economic growth.
One of Europe’s largest waterfront regeneration developments on the banks of Belfast’s River Lagan, Titanic Quarter has transformed 185 acres of former shipyard lands into a new focal point for Belfast, including a signature tourism project to mark the birthplace of the Titanic.
Belfast’s newest retail-led development opened at Victoria Square in the city centre in March 2008 at a cost of £400 million. The development includes House of Fraser and an eight screen Odeon cinema.
This key site fronts the prime retailing pitch of Royal Avenue in the city centre and will complement the recent investment at the nearby Victoria Square. The project will involve private sector investment of up to £360 million.