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£180 million housing development for Belfast hills

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Stakeholder Group of Lagan Homes Managing Director Conor Mulligan (left ) with First Minister Peter Robinson (right) on the site of the £180m development

Stakeholder Group of Lagan Homes Managing Director Conor Mulligan (left ) with First Minister Peter Robinson (right) on the site of the £180m development

Stakeholder Group of Lagan Homes Managing Director Conor Mulligan (left ) with First Minister Peter Robinson (right) on the site of the £180m development

Ambitious plans for a new £180 million housing development on the hills above Belfast were unveiled today.

Work to build more than 1,000 homes on the 96 acre Millmount site in Dundonald is set to begin by the end of this month.

Developers Lagan Homes will create around 150 jobs in the construction phase. The first 150 properties are due to be completed by next summer.

The planning application is at an advanced stage and is expected to be rubber-stamped by Castlereagh council next week.

Stormont First Minister and East Belfast MP Peter Robinson said the project would provide a much needed economic lift.

"This is a significant announcement and a welcome boost to our construction industry and the many thousands of people and businesses that the industry supports," he said.

"Lagan Homes is typical of many Northern Ireland companies who have the vision and courage to help kickstart the economy, not only through job creation but by developing new homes on the market.

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"I am delighted to see this prime residential development scheme making a timely return."

Conor Mulligan, Managing Director of Lagan Homes said: "The timing of this acquisition is perfect for Lagan Homes. We will seize on these opportunities to both expand our portfolio and avail of the opportunity to deliver affordable family homes on what is one of the best sites in Belfast.

"We can clearly see, from our other developments what sells and is needed now is good sized, well designed family homes at affordable, market-led prices.

"That is exactly what we are going to deliver and it represents a return to spacious semi-detached houses, designed for family living."

John Armstrong, Managing Director of the Constructors Employers Federation also welcomed the plans.

"The construction industry has been one of the hardest hit during the recession," he said.

"The Millmount development is a timely announcement that will immediately give jobs to around 150 construction workers such as engineers, brick layers, electricians, fitters, roofers, tilers and countless other related businesses such as quarries and kitchen/window manufacturers."


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