 Homes, office and commercial developments are planned |
Plans for the biggest property development scheme ever undertaken in Northern Ireland have been unveiled. The development of the 185-acre former shipyard area in Belfast, known as Titanic Quarter, is expected to take up to 20 years and cost up to �1bn.
The proposals include more than 3,000 homes and office and commercial developments that could employ up to 20,000 people.
It also features a heritage project at the site where the Titanic was built.
Work on the first phase, an apartment, hotel and office development beside the Odyssey leisure complex, is scheduled to begin later this year.
The area is controlled by a property company from the Irish Republic, Harcourt Developments, in conjunction with the Harbour Commissioners.
 The old shipyard site is to be overhauled in the development |
The developers unveiled their plans at a major property exhibition in France this week.
They say it will be "the largest and most important employment, investment and regeneration opportunity to arise in Northern Ireland for a generation".
BBC Northern Ireland business editor James Kerr said the project's scale and importance to the city meant that its success was of concern to more than just its financial backers.
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