Four 'very exciting' proposals on table to develop Belfast's 200 acre Giant's Park
Four proposals have been made for 200 acres of the Giant's Park site on the North Foreshore of Belfast Lough.
The proposals have progressed to the second stage of a two-stage process for the 340-acre council-owned site, which was launched three years ago.
The news was announced by Belfast City Council's director of property and projects Gerry Millar. He was speaking at the MIPIM property event in Cannes where a delegation of 80 Belfast businesses showcased the city to international property investors, developers and occupiers. Mr Millar said the proposals will now enter into a process of "clarification, evaluation and political endorsement".
And he said discussions had progressed well with two other companies interested in plots on the 30-acre environmental resource park at the site.
Speaking about the four proposals, Mr Millar said: "This 200-acre portion of the Giant's Park site represents one of the largest single commercial development opportunities ever to have come to the market in Belfast and, unsurprisingly, has attracted a significant amount of interest from local and international parties alike.
"I am pleased to say that we have received four proposals for the site - each very different and very exciting in their own right, and each presenting their respective vision for a commercial leisure and tourism-led, mixed used development."
Belfast City Council would not release any more details on the four businesses interested in setting up home at the former landfill facility. However, Heathrow Airport has revealed that it will visit the site as part of its NI tour of those bidding to win the regional contract for a logistics hub for the off-site construction of its third runway.
Giant's Park has received almost £10m in cash from the council, Invest NI and the EU. Part of the overall site includes the £20m Belfast Harbour film studio which opened last year.