DIT launches £1.3bn Northern Ireland projects

Seven projects in Northern Ireland with an estimated gross development value of £1.3bn are being launched to the market today at MIPIM UK.

The Department for International Trade and Invest Northern Ireland will unveil property development opportunities including the £365m development of Belfast’s Titanic Quarter, which offers film production facilities, 2,000 residential units and offices.

Minister for investment Mark Garnier and minister for trade and export promotion Rona Fairhead will be unveiling the following projects:

  • Titanic Quarter: new phases of development to include studios and post-production facilities as well as offices and residential
  • Weavers Cross: potential for phased development of offices, residential, hotel and retail
  • Sirocco Quays: mixed use development of offices, hotel, residential, retail and leisure
  • One Bankmore Square: offices with full planning permission
  • 21-2 Corporation Street: £92m development including hotel, offices and residential
  • Norwich Union House: 200,000 sq ft of offices, hotel and retail in the city centre
  • Baptist church: grade-A offices close to the proposed new transport hub

Garnier said: “There has never been a better time to invest in Northern Ireland and these projects give investors the opportunity to do just that.

“As an international economic department our message is loud and clear: the UK is open for business, and we can help find the right investment for you.”

Described by the Department for International Trade as a portfolio, these opportunities have been put together by the DIT’s capital investment team, which leads the government’s drive to attract and support international investment into large-scale property, regeneration, infrastructure and energy projects across the UK.

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