13/12/2012

Former Murray's Tobacco Factory Reopens

The former Murray’s Tobacco factory in Belfast has reopened following a £1.3m grant.

The Department for Social Development grant went towards the £4.6m refurbishment and restoration of the factory.

Social Development Minister Nelson McCausland visited the development.

The investment in the Sandy Row area of Belfast will provide 2,512 sq metres of commercial floor space, the potential for up to 150 full time employment opportunities and 150 metres of improved street frontage.

Nelson McCausland said: "This is great news for the people of the Sandy Row area. I am pleased that my Department has been able to provide the much needed financial support towards this high profile development. The restoration of this former tobacco factory has brought significant environmental, social and economic benefits to people in this part of Belfast.

"For many years this part of the city has suffered from a lack of investment and regeneration. This refurbishment is changing that. It is changing it for the better."

The £4.6million scheme was undertaken by local developer Mayville Ltd.

Commenting on the investment potential Nelson McCausland said: "In times of economic uncertainty, private sector investment is very welcome. This is an excellent example of government and the private sector working together to bring about the physical regeneration of the Sandy Row area of Belfast."

(IT)

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