£140m regeneration plan for Belfast's North Foreshore Giant's Park approved
Belfast City Council has agreed plans to regenerate Giant’s Park, North Foreshore and lease two sites in an ambitious project worth around £140million pound.
Council officers worked with estate agents GVA NI Ltd to shortlist proposals which were considered by Council’s Strategic Policy and Resources Committee and ratified by full Council on Monday evening.
It’s hoped a £93million visitor attraction, made up of four distinct zones or ‘hubs’ - a welcome hub, a leisure and sports innovation hub, an adventure hub and a theme park hub - will be completed by 2026.
The council estimates the development will create 200 construction jobs and sustain up to 1,400 jobs on the visitor attraction when operational.
Councillors also approved the lease of two sites through Lisney commercial estate agents for Evermore Ltd’s proposed £27m development of a data centre to support the digital economy and Viridian Ltd’s plans for a £20m anaerobic digestion facility to generate and export electricity from organic waste.
Inspired by the Cave Hill area’s renowned association with Swift’s book, Gulliver’s Travels, Belfast City Council has named the former landfill site Giant’s Park – also fitting as it’s the city’s largest development site, which opened for business in May 2017.
Giant’s Park is already home to a £20m state-of-the-art film studio complex, developed by Belfast Harbour, with NI Screen marketing the film studio to its global industry contact network.
Alderman Jim Rodgers, Chair of Belfast City Council’s Strategic Policy and Resources Committee said: “I’m very much looking forward to seeing this area of the city really coming to life through our regeneration plans.
"Not only does Giant’s Park offer businesses excellent connectivity through our airports and motorways, there’s the obvious additional benefit of being able to recruit from Belfast’s strong skills and talent base.
“We’ve made a firm commitment to stimulating job creation in the Belfast Agenda, and it’s the central objective of the Belfast Region City Deal proposition that we’re currently working on with our partners.
"By developing this vast site, we stand to gain jobs, visitors, and vital rates income which we can reinvest in Belfast.”
The Giant’s Park infrastructure project was part-funded by Invest Northern Ireland (£1.6m) and the European Regional Development Fund (£2.2m), under the European Sustainable Competitiveness Programme for Northern Ireland, along with investment from Belfast City Council.
Belfast Telegraph Digital