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Physical investment

Belfast Investment Fund

  • Introduction

    Through our Belfast Investment Fund (BIF) we have set aside £28.2 million for projects that help to develop or regenerate facilities for people who live in, invest in or visit our city. 

    A key objective of the fund is to encourage key private and public sector partners to co-invest in these projects. 

    Decisions on BIF funding are taken by area working groups, made up of councillors from the local area.

  • Current status

    To date we have committed funding to 18 projects and are currently considering others right across the city.

  • Gallery

    This Flickr gallery shows many of the projects that we have funded through BIF.

Current status

  • Projects funded through BIF

    This list will be added to as further funding is committed.

    Name of project   Short overview BIF investment  Other Investment  Total investment  Current status 
    St Comgall’s (west Belfast) The project aims to physically restore this former school building to its former glory, in keeping with its Grade B1 listed status.
    £3,500,000  £3,500,000 from the NIO’s Social Investment Fund  £7,000,000  Ongoing 
    Lagan Gateway (south Belfast) The Lagan Gateway project includes a number of structural improvements and development works at Stranmillis including a navigation lock, an iconic foot and cycle bridge, refurbishment of the existing weir, plus high quality landscaping and paths. £2,150,000  £950,000 (Ulster Garden Villages)

    £707,193 (Department for Infrastructure, Rivers)

    £419,638 (Department for Communities)
     
    £4,226,831  Ongoing 
    Lanyon Tunnels (south Belfast) A project to open up eight disused tunnels that run below East Bridge Street, connecting Lanyon Place (Central Station), St George’s Market and Lanyon Place with the Markets area.  £2,150,000  £1,300,000 from The Executive's Office Social Investment Fund  £2,600,000  Ongoing
    Blanchflower Playing Fields 
    (east Belfast)
    Development to produce an IFA Premiership standard pitch, 206 seater stand and clubhouse and associated facilities.  £2,370,000  To be confirmed  £2.37 million currently   Ongoing
    Bloomfield Community Association
    (east Belfast) 
     New build community facility £440,000  To be confirmed  Currently estimated at £618,000  Ongoing 
    Braniel Church (east Belfast)  Extension to existing premises to include additional indoor and outdoor space.  £390,000  To be confirmed    Committed in principle 
    Bredagh GAC 
    (south Belfast)
    Redevelopment of a derelict parish hall and creation of a purpose built club and community facility.  £700,000  £180,000 Bredagh GAC  £880,000  Ongoing 
    Cancer Lifeline (north Belfast)  Refurbishment of building to provide a support centre for families of those suffering from cancer. £650,000  £266,367 Department for Communities  £650,000  Ongoing 
    Castlereagh Presbyterian Church (east Belfast)  Extension and reconfiguration to existing Church Hall  £382,000  To be confirmed    Committed in principle 
    Colin Glen Trust - Colin Glen Forest Park Colin Glen Forest Park development for tourism and recreation facilities to include driving range, 3G pitches and dome, zip line and Alpine toboggan. £2,500,000  Department of Agriculture, Environment and Rural Affairs – £902k committed   Ongoing 
    Davitts GAC (west Belfast)  Creation of full size Gaelic pitch, complete with spectator stand, changing rooms, hurling wall, children’s playground and outdoor gym.  £1,000,000  £150,000 from Belfast City Council’s School Pitches Enhancement Fund 

    £350,000 from Space and Place
    £1,500,000 Complete
    Grace Family Centre (north Belfast) Construction of a new resource centre to provide a safe and nurturing place of respite. £1,368,965  £553,000 Department for Communities

    £145,000 Urban Villages
    £2,066,965  Ongoing 
    Hanwood (east Belfast)  Upgrade of synthetic pitch, floodlights and roller shutters  £396,000  To be confirmed    Committed in principle 
    Líonra Uladh - Raidió Fáilte
    (west Belfast)
    Construction of a new building for the Irish language community media broadcaster, to include training, recording and archiving facility.  £950,000 £460,000 from Department for Communities 

    £375,000 from CISTE
    Approx. £1,785,000 Complete 
    Lisnasharragh Schools Community cluster project  Renovations at Lisnasharragh PS and Cregagh PS including community rooms, raised beds and sensory garden.  £398,000  To be confirmed   Committed in principle
    Strand Arts Centre (east Belfast) Major refurbishment of Northern Ireland’s last remaining art deco cinema.  £1,800,000  to be confirmed Currently £1,800,000 Ongoing 
    TAGIT Boxing Club (east Belfast)  Creation of a purpose-built boxing facility  £434,000  To be confirmed    Committed in principle 
    Willowfield Parish Halls (east Belfast) Refurbishment of parish halls to provide permanent base for the Willowfield Youth Trust. £560,000  £240,000 from the Department of Education

    £325,000 congregation donations
    £1,125,000  Complete 

Our projects map

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