Titanic Quarter: Key DevelopmentsAn organisation called Titanic Quarter Limited (TQL) is managing the development of the Titanic Quarter site which covers 185 acres - twice the size of London's Canary Wharf.
The £7 billion development of the area will transform the former shipyard lands into a mixed use maritime quarter and is expected to create 25,000 new jobs over the next 20 years. It will include a range of investment opportunities from residential apartments and offices to educational facilities and hotels.
Master planA master plan for the Titanic Quarter is divided into five distinct phases.
Phase onePhase One is 1 million square feet of mixed-use development beside the Odyssey Arena and Pavilion. It includes:
- 'the Arc' residential complex
- Gateway Offices - opened in opened in 2009 and occupied by Citi, a leading global financial services company, is the main tenant
- Belfast Metropolitan College - a new third level education campus will help drive demand for new investment with approximately 1,600 full-time and 16,000 part-time students
- Public Record Office of Northern Ireland (PRONI) - opened on 30 March 2011 and is expected to attract 50,000 visitors per year.
- Premier Inn Hotel - opened in November 2010 and includes 120 bedrooms and an on-site restaurant.
Phase twoPhase two is 3.3 million square feet of high mixed-use development offering residential, commercial, retail and leisure facilities.
At the heart of this phase will be:
- Titanic Belfast
- the former Harland and Wolff headquarters building
- the RMS Titanic and RMS Olympic slipways.
Phases three, four and fiveIn the longer term, there are plans for three further phases although these are at a conceptual design stage.
Other developmentsNorthern Ireland Science Park: One of the top ten science parks in the UK and Ireland and recognised internationally for its ability to successfully bring together industry, government and academia for the greater good of the local economy. Through a combination of world-class fibre optic ICT connectivity, innovative workspace and successful mentoring programmes, the Science Park continues to be a fundamental catalyst of entrepreneurialism in Northern Ireland.
Banner image: © Titanic Quarter Ltd. Photographer: Donal McCann.