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Major Belfast city centre regeneration project mooted

Words: Roger Milne

Fresh plans for an ambitious £400 million redevelopment scheme in Belfast are set to go on public display next week.

London-based developer Castlebrooke Investments will be consulting on its masterplan for the regeneration of a 5-hectare area in the north-east quarter of the city centre bounded by Royal Avenue, Donegall Street, Garfield Street and High Street.

The ‘Royal Exchange’ scheme has been identified as one of six strategic projects by Belfast City Council in its city masterplan because of its location as a ‘critical link’ between Royal Avenue and the Cathedral Quarter.

The site has been the subject of various proposals for nearly two decades. At one stage planning permission was granted for a £350 million mixed-use development scheme that promised to create 3,000 jobs.

The latest proposals will include significant new retail floor space as well as offices, hotels, flats, bars and restaurants.

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