Redevelopment
Over the past decade the city Centre has seen expansive redevelopment. The Laganside Development includes the landmark Waterfront Hall, BT Tower, Hilton Hotel, Odyssey Complex and various riverside apartment complexes.
The Gasworks Business Park is owned by Belfast City Council and managed by the Councils Estates Management Unit. The site contains commercial offices, call centres, small business units, housing, cafés & restaurants, the Radisson Hotel and an award winning public landscaped park. The Gasworks has been internationally recognised as a key example of brownfield regeneration in Europe and has won numerous awards in relation to all aspects of its development. The initial phase is now almost complete and the City Council are currently preparing a master plan in preparation for the commencement of Phase II development.
Victoria Square is a commercial, residential and leisure development in Belfast developed and built by Multi Development UK UK over 6 years. At approx 800,000ft² (75,000m²) and costing £400m it is the biggest and one of the most expensive property developments ever undertaken in Northern Ireland. It opened on March 6, 2008. Its anchor tenant at nearly 200,000ft² (18,581m²) is the largest House of Fraser that the retailer has opened in the UK (as opposed to taken over).
In March 2006, the government gave the go-ahead for a £300m regeneration of a run-down part of Belfast city centre, in the Cathedral Quarter, which could create up to 2,000 jobs. Plans include a new shopping centre, anchored by a department store. The project will not be completed until 2011. It is estimated that 1,000 people will help build the development and 2,000 will be employed there.
Read more about this topic: Belfast City Centre