Past, present and planned investments are converging in and around the Cathedral Quarter, making it even more valuable to the city and region. There has been a £200m recent investment, a £250m current investment and a £500m further investment planned for the next five years.
University of Ulster Belfast Campus (£250m) has 800,000 sq ft of new university space, and 4,500 sq ft of refurbished space. It will have 15,000 students and staff by 2019.
Major developments for student accommodation have also started with almost 2,500 rooms being build across seven major projects in the city centre.
Streets Ahead 3 and Cathedral Gardens: over £30m project to deliver streetscapes and open space and enhance surfaces, lighting, landscaping, street furniture and public art.
York Street Interchange, a €200 million development will provide a continuous motorway connection across the city, improve traffic flow and enhance accessibility to Cathedral Quarter
A new €130 million transport hub is planned in the heart of the city to better integrate trains, buses and cross border connections.
Belfast Bikes are a public bike hire scheme for the city with multiple locations in the Cathedral Quarter area. Preparatory work is currently underway for a rapid transit bus service, set to become become operational from 2017
Northern Ireland is one of the first regions in Europe to operate high speed, next generation services providing Belfast and particularly the Cathedral Quarter with a 40 gigabyte per second transatlantic and terrestrial telecommunications link to North America and Europe. This advanced telecoms capacity has spurred the development of many new knowledge based and technology start ups. We are the fastest growing Knowledge Economy in the UK.
North-East Quarter Masterplan: Approved plans for a major street-based, retail-led development creating new links to the retail core of the city. The North Eastern Quarter will be the location of the next high quality retail led development in the city centre. The scheme will accommodate an anchor retail store, residential, leisure, hotel and office uses. The site itself covers approximately 70,000 sq metres. The existing planning permission within North Eastern Quarter provides for:
24,000 sq metres of retail including an anchor store 9,000 sq metres restaurants, hotel and bars 24,000 sq metres of Grade A offices and 216 units / 18,000 sq metre residential units.