CIL/BCC – The Royal Exchange Regeneration – Northern Ireland - Project Profile
"CIL/BCC – The Royal Exchange Regeneration – Northern Ireland - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Castlebrooke Investments Ltd (CIL) and Belfast City Council (BCC) are planning to undertake the regeneration project in Northern Ireland, the UK.
The project involves the construction of a mixed-use complex on 4.85ha of land. It includes construction of retail space on 50,000m2 area, cafes, bars, office space and restaurants.
The project will include the construction of a 25-bedroom hotel, an arts center, 200 residential units, a new culture centre, parking facilities and related facilities.
In February 2008, Royal Exchange (Belfast) Ltd, a consortium of Leaside Investments Ltd (William Ewart Properties Ltd), Snodden Construction Ltd and ING, was appointed as the developer. Hughes McMichael was appointed as the PMC contract for the project.
DPP has been appointed as the master planner, Chapman Taylor Architects and Consarc Conservation as the architects for the project.
Bruce Shaw has been appointed as the quantity surveyor, RPS will undertake the structural, civil, landscape and traffic consultancy works and Delap & Waller as MEP contractor for the project.
In October 2010, the planning application was submitted to concern authorities.
On March 6, 2012, planning application of hotel was re-submitted and in September 2012, the project has obtained planning consent from concern authorities for the development of the project.
Snoddens Construction Ltd will undertake the construction works.
In November 2015, Leaside Investments ended a development agreement with DSD as it did not provide sufficient information which could deliver the scheme.
In March 2016, CIL submitted the revised plans.
Project is facing delay due to legal issues.
Pre-application consultation process is underway.
The project involves the construction a mixed-use complex on 4.85ha of land in Belfast, Northern Ireland, the UK.
The US$520 million project includes the following:
1. Construction of retail floor space of 50,000m2 area
2. Construction of offices
3. Construction of restaurants
4. Construction of a 25-bedroom hotel
5. Construction of new culture centre
6. Construction of 200 residential units
6. Construction of cafes
7. Construction of bars
8. Construction of parking facilities
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