01/11/2023

BCC Seeks Partner For Regeneration Developments

Belfast City Council is seeking an experienced long-term partner to help deliver over half a billion pounds worth of multi-site, residential-led, mixed-use developments across the city.

Belfast aims to welcome an additional 66,000 new residents by 2035 – that's the ambitious target stated in its community plan, The Belfast Agenda.

To fulfil that ambition, an estimated 31,600 quality new homes will need to be built, with a focus on promoting city centre living as part of the joint vision and an agreed approach for a Bolder Vision for Belfast.

Belfast Lord Mayor Councillor Ryan Murphy said: "This is a bold approach, in that we're seeking to bring forward residential-led, mixed-use development across the city. And it comes at a really exciting time for Belfast. We're the powerhouse of the regional economy and we're perfectly positioned for investment, with both Dublin and London in easy reach.

"We've seen significant regeneration in our city centre in recent years, including Ulster University's new city centre campus, and multi-million investment in the Belfast Grand Central Station and wider Weavers Cross development. And we're excited about our inclusive, resilient, low-carbon future. In the next decade, £1bn from the Belfast Region City Deal – and investment in the waterfront, active and sustainable travel, culture, and tourism infrastructure – will continue to transform our city and make it an even better place to live, work, invest in, and visit.

"We're passionate about creating a more vibrant, more inclusive, and more liveable city centre, while enhancing quality of life for all our citizens. Investment in quality homes, placemaking, connectivity and social infrastructure lies at the heart of that vision.

"We've committed to developing new homes and using the council's land to help our city grow and thrive. That's why we're now looking for a long-term partner who shares our ambition and vision for Belfast and can help us build an inclusive city that works for everyone."

Following active engagement with the private sector and investment market, the council is now seeking a long-term Private Sector Partner (PSP) which will act as a master developer to bring forward sustainable development, with high quality placemaking and people at its core.

The council is seeking a partner with a proven track record in successfully delivering housing-led regeneration, across a range of tenures, with credentials in delivering lasting positive social, economic, and environmental impacts, matching the scale of Belfast's ambition.

Concept plans show an opportunity to develop residential-led, mixed-use developments on four city centre seed sites, with potential for further residential-led, mixed-use development and regeneration across the city on additional opportunity sites.

Keith Hardman, International Partner, Head of Development & Strategic Advisory, UK at Cushman & Wakefield added: "Cushman & Wakefield is very pleased to be supporting Belfast City Council in the partner selection process for this exciting multi-site development project.  It represents an excellent residential-led, mixed-use opportunity for developers and investors to play a major role in the continuing transformation and growth of Belfast as a destination for sustainable high-quality city living."


Related Northern Ireland News Stories
Click here for the latest headlines.

19 September 2018
Primark Donates £500,000 To Support Businesses Affected By Fire
Retailer Primark is donating £500,000 to Belfast City Council's City Recovery Investment Fund. The fund is being set up after a number of businesses have been severely affected by the fire at the Bank Buildings which happened over three weeks ago. A cordon remains in place and 14 firms have been closed for up to four months.
05 March 2003
Study to reshape Belfast city centre launched
NIO Minister Des Browne has today announced the start of a review of Belfast city's regeneration policy following the adoption of the Victoria Square Development Scheme last month. The GB-based consultancy, G V A Grimley, has been engaged to conduct the research and is expected to report to the Department by the end of April.
16 December 2024
Council Announces Partner For £630m Housing Programme
Belfast City Council has chosen construction firm GRAHAM as its long-term private sector partner to deliver a £630m housing-led regeneration programme. Construction will take place across multiple sites to create residential-led, mixed-use and sustainable developments that will accelerate city centre living.
14 May 2010
Marathon To Run On Bank Holiday
In spite of pressure from various sides, the 2011 Belfast City Marathon will not be held on a Sunday. It was agreed at a City Council meeting this week that it would continue on May Day, after over plans to move the race from its traditional May Day Bank Holiday to the prior Sunday were opposed.
15 March 2004
St Patrick's Day event has support of BCC says councillor
The Chairman of Belfast City Council’s Good Relations Steering Panel has challenged claims that the Council is not supporting St Patrick’s Day in Belfast. It follows a protest outside Belfast City Hall last week by the St Patrick's Carnival Committee who claim the Council isn't funding this year's event at the City Hall.