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Home , Ards (borough), Ards and North Down, Ballymena, Belfast Lough, Castlereagh (borough), Down District Council

Belfast Region Investment Guide Ballycastle

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Antrim and Newtownabbey Northern and Ireland North Lisburn &

Newry, and Down Region

Investment in Belfast Region

04 Why invest in the Belfast Region? 06 The Belfast Region City Deal 10 Market Commentary 14 Regeneration Sites 23 Logistics / Manufacturing Sites 32 Tourism / Leisure / Residential Sites 42 Further Information Why Invest in the Belfast Region?

Excellent Transport Competitive Infrastructure Operating Costs

– Companies can easily do business with – Salary costs are lower than in the rest their customer base around the world. of the UK, and around 30 per cent lower than other European locations such as – Belfast’s two airports have daily London, Dublin and Paris. scheduled flights to destinations across the UK and Europe including – Operating costs overall are lower London, Paris and Amsterdam. than the rest of the UK and Europe*. *FDI benchmarking. –  is the second busiest port on the island of Ireland. – Prime office rents are among the lowest in Western Europe and compare very favourably with other regions in the UK and the . Location – The overall tax burden in Northern Ireland is the lowest of all the major European economies. Corporation tax (19 per cent) – Operates in the same time zone and is among the lowest in Europe. regulatory environment as the rest of the UK.

– Easily accessible location. London is only an hour away by air, with Dublin only Excellent Digital two hours by rail and road from Belfast. Connectivity – Two airports and direct daily flights to a variety of European business locations. – The first region in Europe to achieve 100 per cent broadband coverage. – Northern Ireland is the only part of the UK that shares a land border with – A resilient, digital network provides a Euro participant (Republic of Ireland). high-speed voice and data connections throughout the world.

4 Highly Skilled Wide Range of Talented Workforce Development Opportunities

– The Region provides access to over 1 million – The Region’s strategic location on the eastern people - more than half of the Northern Ireland economic corridor of Ireland, makes it one of population. It generates approximately £47,000 the most industrious and ambitious regions GVA per head and has a productivity of around on the island, best placed to take advantage of 6% higher than the NI average. its cross-border location and ports linkage to Britain and beyond. – A total of 61% of all jobs in Northern Ireland are based within the Region and it has a high level – Across the Partner Councils, a whole series of educational outcome in comparison to the of local & regional projects, programmes and rest of Northern Ireland. initiatives are being driven forward to try to transform and regenerate the wider region. – There is a clear vision of inclusive economic growth that delivers more and better jobs. – Through cooperation, investment has been Improved skills aligned to opportunities for secured to take forward a number of the most business growth have been identified by the strategic flagship projects, but there are many Council partners as a key priority to continuing more opportunities still to be realised across investment in our workforce. the region.

5 The Belfast Region City Deal (BRCD)

Belfast is home to Northern Ireland’s capital city and home to over 1 million people. The Belfast Region comprises of six local authorities:

The population consists of a young, ambitious and Targeted Sectors growing region with more than 550,000 people under the age of 40. There are two excellent The Belfast Region City Deal Partners, universities supporting the education of 45,000 which includes the six local authorities, two students, as well as four regional colleges, with a universities and four further education colleges combined total of more than 110,000 students. have agreed a programme focused on the following main target sectors: In 2017, 56.8% of Northern Ireland’s active – Financial, Business and Professional Services business base was located within the region, – Agri-Food generating a total GVA of approximately £24,320m and provides critical access and – Digital and Creative Technologies transport links for trade and tourism. – Advanced Manufacturing, Materials and Engineering – Life and Health Sciences – Tourism – Construction and Materials Handling - Clean Growth and Clean Technology

The Belfast Region has seen considerable strengths across these sectors. To maintain progress, investment will be needed in research and development, innovation and digital capabilities, technology, skills and infrastructure.

6 Belfast: Renewed Ambition

Belfast: Renewed Ambition is a unique collaboration between and a number of strategic public and private sector partners from across Northern Ireland. The initiative launched in October 2020 with the What is the Belfast Region City Deal? aim of building upon the success that Belfast The Belfast Region City Deal (BRCD) comprises and the Belfast city region has enjoyed in real a £850 million co-investment package for the estate growth and investment in recent years, by city region. UK Government has contributed showcasing the wide range of opportunities here £350 million and as part of the deal, the NI for real estate investors, developers and occupiers. Executive is expected to add at least a further £350 million and six councils and universities Belfast: Renewed Ambition has five key will contribute over £150 million. It is hoped pillars; stakeholder engagement, research, that the deal will create up to 20,000 new communications, development of a knowledge and better jobs alongside delivering a 10 year repository and finally, a programme of dynamic programme of inclusive economic growth – including an increase of £470m Gross Value virtual events. The series of events draws upon Added (GVA). local and internationally-respected experts to highlight our sectoral strengths, tell our city The BRCD partners have agreed four region’s story of success and draw attention to the key investment pillars: key selling points that set the Belfast city region apart from other major cities across the UK and – Infrastructure Ireland, such as talent, location, connectivity, cost – Tourism and Regeneration of living and quality of life. – Innovation and Digital – Employment and Skills

7 Innovation & Digital Employability & Skills

Innovation & Digital – Investments in Employability & Skills – The BRCD innovation and digital capability will deliver partners, working with the Northern Ireland projects such as: Departments, propose to invest £30 million in a package to ensure that the right skills – The Global Institute (GII) are still available to support the growth that is going to be created. – The Centre for Digital Healthcare

technology (CDHT) This package will include establishing an – The Institute for Research Excellence in Employability and Skills Partnership, for Advanced Clinical healthcare (i-REACH) the delivery of a transformative, inclusive – The Advanced Manufacturing Innovation employability and skills programme, a City Centre (AMIC) Deal Apprenticeship Programme and a – The Screen and Media Innovation Lab Digital Skills Programme. – The Regional Innovators Network The investment will also include a – Smart District and Testbeds programme that will provide support for – The Infrastructure Enabling Fund those who are economically inactive into – i4C Innovation Centre sustainable employment.

8 Infrastructure Tourism & Regeneration

Infrastructure – This investment will Tourism and Regeneration – The Belfast Region play a crucial role in connecting people living partners will deliver a number of world-class visitor in the more deprived areas of the region to key attractions spread across the region, supported by employment centres. The planned investments re-imagined towns and cities to create a stronger, include, the Southern Relief Road, Phase II more cohesive tourism experience which inspires Belfast Rapid Transit and a pedestrian and people to visit, stay longer and return more often. cycle-bridge across the which Projects that will be included in this are: will improve access into Belfast City Centre. – Belfast Destination Hub – Gateway to the Mournes – Hillsborough Castle & Gardens, including Hillsborough Village – – Bangor Waterfront Regeneration (see page 34) – St. Patricks Barracks (see page 22) – Newry City Centre Regeneration – Regeneration

9 Northern Ireland Market Commentary

1.88m 26% 28% people aged 16-34 aged 35-54

The Belfast city region is The strong digital infrastructure, highly skilled talent pool and the a compelling investment resilience of our people who have a unbridled spirit to succeed are also key reasons to invest. The region has a strong track record in proposition, perfectly investment and reinvestment, five years of growth momentum in real positioned post- with estate, and has seen exponential growth in the tourism, hospitality unique strengths including and food and beverage sectors in recent years. the competitive advantage of In 2020, the Covid-19 pandemic has had a significant impact on the access to EU and GB markets, global economy. Many sectors have been negatively affected by the and connections to international stalled economy and uncertainty, however others have been relatively insulated or even seen growth (such as online retail). After a five year markets such as the US. upward trend, Northern Ireland has seen an inevitable slow down with reductions in rents and prices in the real estate sector. However, the Belfast region is well placed with strong investment opportunities as we adapt and move forward.

Tourism

In 2019, NI welcomed 5.3m visitors, who spent a record breaking £1bn (8% more compared with 2018). Overnight trips to Northern Ireland by external visitors was estimated to be in excess of £3 million. Tourism in Northern Ireland is set to rebound strongly after 2020 as restrictions lift and the region remains a highly appealing visitor destination. It is well placed to capitalise on heightened demand for staycations from the domestic, NI and ROI markets in the short term, and the return of international visitors. £1billion £3m expenditure from Overnight visitors 5.3 million trips from outside NI

10 Industrial/Logistics

The pandemic has evidenced the elemental role of the logistics sector to keep food and goods moving. We expect 2021 to bring further focus on building more resilient supply chains, increasing safety stocks and diversifying suppliers to prevent future disruptions. This restructure of logistics networks will require additional warehousing space in the UK and will include additional space needed in Northern Ireland.

These pressures will be overlaid on expanding demand from online retailers who are benefiting from Office Investment the lasting effects of Covid-19 on consumer behaviour. Retailers After several record years of take- In 2019 the market has seen an wanting to preserve market share up, 2020 like all global markets, increase in transaction volumes will need to continue to secure has seen Belfast record a low- year-on-year, with almost £212 million warehouse space to expand their level of take-up with a total of being invested across 32 separate online channels. 29 transactions for the full year transactions. Notable investments in equating to 13,091 sqm (140,911 sqft). 2019 included Retail Park Generally, the Industrial market has The Belfast region is well placed to in Lisburn and Crescent Link Retail seen a strong increase in demand accommodate collaberative working Park in , which were sold for £40 for warehouse space in the past spaces that will be in demand for million and £30 million respectively, year, limited development over the the future of office space. Within as well as the Gateway Office past 10 years and the surge in online the region, a range of development Building at Quarter, which was retailing has led to competition for opportunities exist which are ideal purchased for over £34 million. space, with rental levels increasing. for new ways of working. Occupier requirements remain Investment spend over the year half strong and as a consequence there of 2020 by investors totalled £57.3 is demand for future development in million, with the full year equating the Industrial sector. 5,081sqm to £136 million, a decrease of 36% H2 2020 take-up from 2019, but the region is well The most significant transaction placed as we emerge from pandemic in 2020 was the construction and restrictions with a number of assets occupation by Amazon of their last 13,091sqm that are ready for sale. mile distribution facility at Titanic 2020 full year take-up Quarter. The building totalled 100,000 sqft with a multi storey 479 Residential space van car park. £22–£23 The latest University Northern Industrial rents reflect £3.50 - £4.50 Rents psf new build Grade A Ireland Quarterly House Price Index Q3 2020 confirms the affordability of psf for existing stock with new build the market in Northern Ireland with £6.00 - £7.00 psf. an annual increase of 3.5% and a £18–£20 quarterly increase of 3.4%. The average The Brexit Opportunity Rents psf refurbished house price is £179,951 with 2,273 - Northern Ireland has the only transactions in 2020. This growth UK land border with the European Union. 2019 saw very strong performance appears to be driven by increased - NI will retain tariff-free access performance in Belfast although activity in the semi-detached and new to the EU. figures are down on the record build sectors. - Northern Ireland remains in the breaking total of 2018 which saw EU’s single market for goods. 64 deals concluded, equating to 48,066 sqm (517,380 sqft) of take-up. 3.5% Annual house price increase 11 Antrim and Ards and Lisburn & Newtownabbey North Down Castlereagh Borough Council Borough Council City Council

Antrim and Newtownabbey is a Adjacent to Belfast, Ards and The Lisburn & Castlereagh City modern, dynamic and fast-growing North Down Borough Council Council occupies nearly 200 sq. urban borough on the immediate includes two urban centres Bangor miles of land, with approximately periphery to Belfast. As the central and located just 146,000 residents. The area logistical heartland of Northern 20 minutes from the city. Also is 9 miles outside Belfast, Ireland we have an enviable covering the southern shores of strategically located on the reputation as a great place to , the scenic Ards two main north south economic invest and do business. Pennisula and Lough, corridors, and home to a number it is an area of outstanding natural of major employers and FDI Comprising 710sq kms from the beauty and wildlife diversity. With companies. This includes shores of in the west excellent connectivity, a talented Coca-Cola, ASSA ABLOY, to the shores of Belfast Lough in workforce, strong industry base Montupet, Causeway Aero the east, our borough provides and vibrant tourism offering, it is Group, The Camlin Group, a key strategic position within rich in investment opportunities. Smiley Monroe and Decora Blinds. Northern Ireland and Ireland. Number 1 for full fibre broadband An exciting city centre With a population of approximately connectivity in NI, number 2 in Masterplan has been developed 142,500 people we are home the UK (Connected Nations 2019- to drive investment in the city to Belfast International Airport, Ofcom). Home to approximately centre. Popular tourist attractions owned by worldwide operator 160,900 residents, accounting in the city include Hillsborough VINCI Airports, with over 6.2m for 8.5% of Northern Ireland’s Castle and Gardens, the official passengers and 60 destinations population and a highly skilled residence of the Royal family serviced per year. workforce. A hub for key sectors in Northern Ireland; Dundonald such as Creative Industries, International Ice Bowl, Northern The borough includes two very Agrifood and Advanced Ireland’s only indoor ice skating popular retail areas, namely The Manufacturing, it is the chosen facility; LeisurePlex, Junction Retail & Leisure Park and location for global leaders across regional sports facility and the The Abbey Centre. There are also a diverse range of industries popular regional shopping centre three higher education facilities including internationally renowned Sprucefield Retail Park. including Ulster University, CAFRE businesses such as Denman, Agricultural College (Greenmount) Denroy, Whale, Mash Direct and and the Northern Regional College. Lakeland Dairies.

Key tourist attractions include National Trust’s , Pickie Funpark, Castle Espie, Ulster Folk and Transport Museum, Country Park and Scrabo Tower. 12 Mid and Newry, Mourne East Antrim and Down Borough Council District Council

Mid and East Antrim Borough Newry, Mourne and has approximately Council occupies the southeast of 138,000 residents. This area has Northern Ireland, which includes ease of access to both Belfast southern County and a International and Belfast City large part of . The airports approximately 30 minutes area is strategically placed, being away. The area stretches from the approximately 45 minutes from River Bann in the west to the Antrim both Belfast and Dublin on the A1 coast taking in part of the Antrim Euro Route. This district council Glens as well as the major towns of has a population of approximately Ballymena, Larne (a sea port) and 107,000 people. Carrickfergus. It incorporates the majestic is an an area of ambitious, forward-thinking and outstanding natural beauty and has well-connected region primed for an extensive coastline stretching economic growth and international from to investment. The Borough has a very . strong industrial base and is home to exceptional talent and significant retail centres, complemented by rich tourism. The area is renowned as the traditional heartland of manufacturing in Northern Ireland.

Tourist attractions within this council include, The Gobbins coastal walkway, Causeway Coastal Route, The Galgorm Spa and Golf Resort and the Magheramourne Quarry that features in Game of Thrones.

13 Balloo Road

Type of Opportunity Regeneration

Address Former NIE lands, Balloo Road, Bangor

Council Area Borough Council

Site Size 7.70 acres / 3.1 hectares

Contact Information Susie McCullough +44 0300 013 3333 Susie.mccullough@ ardsandnorthdown.gov.uk

Location Description The subject lands are located on The subject lands consist of the Balloo Road, approx. 3.2kms 7.7 acres / 3.1 hectares. (2 miles) from Bangor town centre and approx. 21kms (13 miles) The subject lands are zoned as from Belfast city centre. existing employment by the Belfast International Airport is area plan. approximately 48kms (30 miles) and Belfast City Airport Potential Uses approximately 16kms (10 miles). The subject lands would be suitable for industrial or as an The Balloo Road is well serviced with office development. In particular, public transport with buses running this location would be suitable to Belfast Laganside Bus Centre. for an innovation/light industrial Bangor train station provides or business units to support services running from Bangor to economic regeneration. Belfast every half hour at peak times.

14 Castlebawn

Type of Opportunity Regeneration

Address Adjacent Castlebawn Retail Park, Newtownards

Council Area Ards and North Down Borough Council

Site Size 47.0 acres / 19.02 hectares

Contact Information Richard Steenson - Killultagh Estates +44 (0)28 9027 8899 [email protected]

Location Description The subject site is in a highly Castlebawn comprises a mixture Additional opportunities are under prominent location with immediate of greenfield and brownfield consideration for example a hotel, access off the bypass south of the sites, which are generally level in showrooms, trade counter retail town and connecting the main A20 topography, and benefits from and c. 13,935 sqm / 150,000 sqft Belfast Road to the A21 historic and new planning consents workplace business park and Road and on to the A20 Portaferry for a wide variety of uses. for the creation of a retirement Road. Located adjacent to the village, incorporating medical established Castlebawn Retail Park, Potential Uses facilities, spa and wellbeing approx. 20-minute drive to Belfast Former factory site comprising centre, together with ‘assisted City Airport and Belfast city centre is c. 16 acres Historic Bawn Wall living’ residential development. accessible within 30 minutes. and adjacent South Streets sites, with opportunity for residential The area is well serviced with public development of c. 200 units. transport with regular buses to and Planning permission has been from Belfast city centre. granted for an 80 bed nursing home, and coffee shop drive through restaurants with car parking.

15 Crepe Weavers

Type of Opportunity Regeneration

Address Crepe Weavers, Comber Road, Newtownards

Council Area Ards and North Down Borough Council

Site Size 25 acres / 10.1 hectares

Contact Information Simon Brien +44 (0)28 9066 8888 [email protected]

Stuart Draffin +44 (0)28 9026 9215 [email protected]

Location Description The subject site is located at the The subject consists of a plan is currently going out for top of Strangford Lough on the brownfield former industrial site consultation for an updated Comber Road, approx. 1.6km (1 mile) which has now been cleared. mixed-use regeneration scheme from Newtownards town centre. on the brownfield site. The site is The subject site benefits from ease The subject lands are zoned seen as a ‘gateway’ into the town. of access to Belfast City Airport as existing industry in the The updated scheme proposes approximately 14.5kms (9 miles), area plan. industrial, leisure, retail and and Belfast International airport residential elements. 29kms (18 miles). Belfast Port being Potential Uses 22.5kms (14 miles) from the subject Outline planning permission lands. was granted on 15th June 2015, for a mixed-use development Newtownards is serviced with buses to include residential, nursing running from Newtownards bus home, hotel, petrol filling station, station approx. 1.6km (1 mile) from neighbourhood centre, leisure, the subject, running to Belfast business and light industrial park city centre and Bangor. uses. A further outline master

16 Downpatrick Police Station

Type of Opportunity Regeneration

Address Downpatrick Police Station, Irish Street Site

Council Area Newry, Mourne and Down District Council

Site Size 1.93 acres / 0.78 hectares

Contact Information Conor Mallon +44 330 017 4000 [email protected]

Location The subject lands are located just off Irish Street. The site has ease of access to road networks with $ Belfast (22 miles), Newry (30 miles)

T IR and Dublin (100 miles). E E IS R H T S S T T R E E The site is well serviced by public K E R T A transport with buses running from M Belfast and Newry.

Description The subject lands consist of an existing Council owned car park and former Police Station site as owed by the Department of Communities (DfC).

Potential Uses The subject lands would be suitable E C A for a variety of uses given its town L P E centre location. YL DO NN LY 7815.40 M²

1:875 1.93 Acres

This material is Crown Copyright and is reproduced with the permission of Land & Property Services under delegated authority from the Controller of Her Majesty’s 17 Stationery Office. © Crown copyright and database rights 2018 CS&LA156. Knockbracken Health Park

Type of Opportunity Location Potential Uses Regeneration Knockbracken Health Park is The subject lands have potential situated on land zoned for mixed uses for key healthcare/life science Address use and major employment. park, hi-tech business centre, and Knockbracken Health Park, The subject lands benefits residential care and medical or Road, Belfast from ease of access to the M1 health services. Motorway, with Belfast City Centre Council Area approximately 5 miles from the Lisburn & Castlereagh subject. City Council Description Site Size The subject lands currently 276 acres / 111 hectares comprise a range of hospital buildings in an attractive parkland Contact Information and semi-rural setting. Hazel King +44 (0) 7711225923 Hazel.King@ lisburncastlereagh.gov.uk

18 Laganbank Quarter, Lisburn

Type of Opportunity Regeneration

Address Laganbank Quarter, Lisburn

Council Area Lisburn & Castlereagh City Council

Site Size 12.6 hectares Up to 40,000 sqm office 300 - 400 car parking 4000 - 5000 sqm retail & leisure 600 residential units

Contact Information Hazel King +44 (0) 7711225923 Hazel.King@ lisburncastlereagh.gov.uk

Location Description This opportunity is situated The Laganbank Quarter comprises within the heart of Lisburn City of a number of redevelopment Centre, in close proximity to the opportunities in varying sizes, beautiful River Lagan. Lisburn is all within the city centre or on situated approximately 9 miles the banks of the River Lagan. from the capital city Belfast, Development briefs have been with ease of access to Belfast prepared for a number of priority International and Belfast City sites within the proposed Airport (both within a 25-minute development area. drive). A popular city to work and live in, Lisburn is well serviced by Potential Uses the main road and rail networks The subject sites have potential for connecting Northern Ireland and a number of uses, including office the Republic of Ireland. accommodation, retail and leisure, hotel and residential.

19 North Street, Newry

Type of Opportunity Regeneration

Address North Street, Newry

Council Area Newry, Mourne and Down District Council

Site Size 1.8 acres / 0.75 hectares

Contact Information Conor Mallon +44 (0)330 017 4000 [email protected] s ’ y t s e j

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20 St Patricks Barracks, Ballymena

Type of Opportunity Regeneration

Address St Patrick’s Barracks, Ballymena

Council Area Mid and East

Site Size 37 acres / 15 hectares

Contact Information Karen Hastings +44 (0)28 2563 3545 St Patrick’s Barracks Karen.hastings@ midandeastantrim.gov.uk s ’ y t s e j a M ²

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21 Lisnafillan Lands, Ballymena

Type of Opportunity Regeneration

Address Galgorm Road, Ballymena

Council Area Mid and East Antrim Borough Council

Site Size 38.5 acres / 15.5 hectares

Contact Information Karen Hastings +44 (0)28 2563 3545 Karen.hastings@ midandeastantrim.gov.uk

Location Situated in Galgorm village on the outskirts of Ballymena, the subject site extends to 38.5 acres and has significant development potential for a range of uses. The site is well connected to the main arterial routes, ports and airports. Serviced by bus, it is just 0.3 miles from Ballymena Train Station with regular services to the North Antrim Coast,Londonderry and the greater Belfast area.

Description The subject site is made up of Potential Uses agricultural lands which border the The site presents an exciting Ballymena Development Limit within development opportunity in close the Mid and East Antrim Industrial proximity to existing industrial lands and Economic Land Monitor 2018. with any proposed development The subject site sits alongside subject to relevant planning developed industrial lands and is permission being obtained. situated within close proximity to the Galgorm Industrial Estate, which is zoned for industrial use.

22 Ballymena Industrial Opportunities

Type of Opportunity Logistics / Manufacturing

Address Woodside Road Industrial Estate, Ballymena

Silverwood Business Park, Ballymena

Council Area Mid and East Antrim Borough Council Woodside Road Industrial Estate

Site Size Woodside Road Industrial Estate 86.5 acres / 35 hectares

Silverwood 100 acres / 40.5 hectares

Contact Information Karen Hastings +44 (0)28 2563 3545 Karen.hastings@ midandeastantrim.gov.uk Silverwood Business Park

Location Description The subject lands are located The subject comprises of a mix within 3 miles of Ballymena town of greenfield land together with centre and benefit from ease of office, warehouse, industrial and access to the M2 motorway via manufacturing accommodation. Junction 11. Belfast is approx 28 miles away, Belfast International Potential Uses Airport approx 17 miles and Belfast The existing lands present City Airport approx 30 miles. Both opportunities for new warehouse/ Belfast and Larne Ports are within industrial accommodation suitable a 30-minute drive of this location. for storage and distribution and manufacturing.

23 Belfast International Airport

Type of Opportunity Logistics / Manufacturing

Address Belfast International Airport

Council Area Antrim and Newtownabbey Borough Council

Site Size 100 acres / 40.5 hectares

Contact Information Craig Mullan +44 (0)28 9034 0052 Craig.mullan@ antrimandnewtownabbey.gov.uk

Location Potential Uses The subject lands are located at The lands at BIA would be suitable Belfast International Airport (BIA), for a wide range of uses such as, 18 miles north-west of Belfast. BIA manufacturing and distribution, is the main gateway to Northern aviation related industries, Ireland and to the north of the Island including aircraft maintenance of Ireland. Road access to BIA is hangars, research and design provided via the A57, connecting facilities, offices and call centres, to Belfast City Centre via the M2 or leisure/hotel use. BIA has motorway. BIA is well serviced by recently completed a masterplan public transport, with buses to and for the site, which includes outline from Belfast City Centre, Antrim, planning permission. Lisburn and Crumlin.

Description BIA accommodates approximately 250 businesses with over 5,000 employees, including national and multinational brands. BIA is the 10th largest airport in the UK with over 6 million passengers per year.

24 Carnmeen Lands

Type of Opportunity Location Logistics / Manufacturing The lands are located immediately and Belfast and their airports adjacent to the Invest Northern and ports, as well as access to Address Ireland lands at Newry, which offers potential employees from both Carnmeen Lands, Newry opportunities for collaboration, locations, is a very significant creating synergies and the sharing advantage of this location for Council Area service provision. The lands have potential occupiers and investors. Newry, Mourne and direct access to the M1/A1 Euroroute. Down District Council Potential Uses Description Potential uses for this site include Site Size The subject lands offer a unique industrial logistics, manufacturing 40 acres / 16 hectares opportunity to develop a dynamic, and offices. The current planning employment generating business application is for B1 office and B2 Contact Information and education campus on a large Light Industrial. Conor Mallon greenfield site. The land is in a +44 (0)330 017 4000 strategic location with profile and [email protected] direct access onto the Dublin Belfast M1 corridor at Newry. The connectivity to the cities of Dublin

25 Carrickfergus Industrial Opportunities

Type of Opportunity Logistics / Manufacturing

Address South West Carrickfergus, Carrickfergus

Kilroot Business Park, Carrickfergus

Council Area Mid and East Antrim Borough Council

South West Carrickfergus Site Size South West 223 acres / 90.2 hectares

Kilroot 60 acres / 24.3 hectares

Contact Information Karen Hastings +44 (0)28 2563 3545 Karen.hastings@ midandeastantrim.gov.uk

Kilroot Business Park

Location Description Potential Uses The subject lands are both within The combined total area of both There is potential for new industrial approx 2 miles from Carrickfergus sites is 283 acres. In Kilroot developments for the logistics and town centre. Carrickfergus is Business Park there are currently manufacturing sectors. The sites are located approx 12 miles from a mixture of uses including, zoned for employment in the area plan. Belfast city centre, approx 21 miles warehouses, industrial, office, from Belfast International Airport, a café and a gym together with approx 13 miles from Belfast City potential development lands. Airport and approx 10 miles from South West Carrickfergus also the Port of Belfast. includes greenfield land that is zoned for employment under the The subject area is well serviced Local Area Plan. with public transport with buses and trains going to and from Belfast city centre.

26 Corrs Corner and Global Point

Type of Opportunity Location Description Logistics / Manufacturing The subject sites are accessible The subject lands comprise via Sandyknowes Junction of the of a range of greenfield sites. Address M2 Motorway at Mallusk, 8.5 miles Corrs Corner and Global Point north-west of Belfast. Mallusk Potential Uses Business Park, Newtownabbey is Northern Ireland’s premier The subject sites are suitable industrial location and provides for a variety of uses and can be Council Area ease of access to the Belfast/Dublin divided into smaller plot sizes. The Antrim and Newtownabbey corridor or north to Londonderry. suitable uses are, manufacturing, Borough Council Public transport is provided by research and design, distribution several buses running to Belfast and and offices. The sites are zoned as Site Size around the Newtownabbey area. an area for employment within the 150 acres / 60 hectares Mosley West train station is located Local Development Plan. less than a mile from the site. Contact Information Craig Mullan +44 (0)28 9034 0052 Craig.mullan@ antrimandnewtownabbey.gov.uk

27 Knockmore Lissue Lands

Type of Opportunity Location Potential Uses Logistics / Manufacturing Knockmore/Lissue is located The subject lands have potential for adjacent to Knockmore Hill a range of uses to include logistics Address Industrial Estate, close to a major hub, advanced manufacturing with Knockmore / Lissue Industrial, arterial route into Lisburn city. ancillary office accommodation. Lisburn The subject site is situated approx 2 miles west from Area Centre and 9 miles south from Lisburn & Castlereagh Belfast City Centre. City Council Description Site Size The subject site comprises 32 acres 32 acres / 1 2.9 hectares of industrial land, with the land being zoned employment land Contact Information under the local devlopment plan. Hazel King +44 (0) 7711225923 Hazel.King@ lisburncastlereagh.gov.uk

28 Mallusk North and South

Type of Opportunity Location Description Logistics / Manufacturing The subject lands are located on The subject lands comprise of the in Mallusk, which approx 99 acres of greenfield Address is one of Northern Ireland’s premier land with access from the Mallusk, North and South industrial locations. Mallusk is a Antrim Road. The lands lie North Antrim Road, Newtownabbey long established and favoured and South of the Antrim Road, location for manufacturing and with 44 acres north of Antrim Council Area distribution companies due to its Road and 65 acres south of Antrim and Newtownabbey unparalleled access to Northern Antrim Road. The lands are Borough Council Ireland’s motorway network and zoned for employment use under proximity to Larne (16 miles), the Local Development Plan. Site Size Belfast Harbour (8 miles), Belfast 99.5 acres / 40.28 hectares International Airport (9 miles) and Potential Uses Belfast City Airport (10 miles). The subject lands would Contact Information be suitable for a variety of Craig Mullan Public transport is available in the industrial/warehouse uses +44 (0)28 9034 0052 form of buses, which run between such as manufacturing or Craig.mullan@ Belfast and Ballymena via the storage and distribution. antrimandnewtownabbey.gov.uk Antrim Road.

29 Nutts Corner Commercial Park

Type of Opportunity Location Potential Uses Logistics / Manufacturing Nutts Corner Commercial Suitable potential uses for this Park is located at Nutts Corner site include logistics and Address Roundabout, with ease of access manufacturing facilities. The site Nutts Corner Commercial to the M1 Motorway at Moira comprises planning permission Park, Nutts Corner, Antrim Roundabout. The site is located for a distribution park, suitable for approx 12 miles from Belfast design and build opportunities. Council Area city centre. The location also Antrim and Newtownabbey provides ease of access to Belfast Borough Council International and City Airport as well as, both Belfast and Larne Ports. Site Size 34 acres / 13.7 hectares Description The site comprises of 34 acres. Contact Information Full planning permission was Craig Mullan granted in 2013 for a 390,000 sqft +44 (0)28 9034 0052 / 36,232 sqm distribution park. Craig.mullan@ A 30,000 sqft warehouse was antrimandnewtownabbey.gov.uk completed in 2018 for Cosentino.

30 Port of Larne

Type of Opportunity Logistics / Manufacturing

Address Port of Larne, Larne

Council Area Mid and East Antrim Borough Council

Site Size 52 acres / 21 hectares

Contact Information Karen Hastings +44 (0)28 2563 3545 Karen.hastings@ midandeastantrim.gov.uk

Location Description The subject sites are located The total site consists of 52 acres south-east to Larne town centre, of land and 20 of which are utilised The Port of Larne is well connected for cargo operations. The current to the main arterial routes to existing accommodation includes a Belfast and Airports. The subject mixture of uses, including warehouse, lands have ease of access to industrial and retail operations. Belfast International Airport approx. 24 miles and Belfast City Potential Uses Airport approx. 25 miles. The subject site has potential for logistics and manufacturing uses. The subject lands are well serviced with the Larne Harbour Train Station, with hourly trains to Belfast city centre and a bus stop which provides regular services to Larne town centre.

31 Eikon Exhibition and Events Centre at Balmoral Park

Type of Opportunity Tourism / Major Events and Regeneration

Address Eikon Exhibition Centre, Balmoral Park, Halftown Road, Lisburn, BT27 5RD

Council Area Lisburn & Castlereagh City Council

Site Size 65 acres / 23.3 hectares

Contact Information Hazel King +44 (0) 7711225923 Hazel.King@ lisburncastlereagh.gov.uk

Location deliver more than £300 million and all within a 90 minute drive of Located within the Long investment and become a global 4 million people, with 4,000 Kesh regeneration site, the Eikon ‘best in class’ project with social free car parking spaces. Exhibition Centre at Balmoral and economic regeneration Park is Northern Ireland’s largest at its core thereby bringing Potential Uses events venue. tangible benefits to all. The Eikon Exhibition Centre at Balmoral Park is currently home The subject site is located Description to The Balmoral Show, Ireland’s approx. 12.5 miles from Belfast The Eikon Centre and Balmoral largest agricultural show, city centre and 1 mile from the Park have been designed attracting crowds of over 100,000 regional shopping hub that is to facilitate major outdoor visitors during the annual 4-day Sprucefield at the junction of the attractions and demonstrations. event. M1 motorway for easy access to The indoor venues, totalling Belfast and Dublin. The venue’s 10,600 sqm of flexible space, ideal location means that it is are purpose-built for large accessible for both the urban scale events with dedicated and rural communities. infrastructure including electricity busbar systems, The Maze Long Kesh pressurised water supply regeneration site has the throughout the venue, additional potential to generate 5,000 jobs, areas for building structures,

32 Hillsborough, Co. Down

Type of Opportunity Location Potential Uses Tourism / Leisure / Recreation This Georgian village is an emerging This location is suitable for a variety world-class heritage destination, of different uses including tourism, Address thanks to recent investment in leisure and recreational schemes. Hillsborough, Co. Down Hillsborough Castle and Gardens; the official residence of the Royal Council Area Family in Northern Ireland. The many Lisburn & Castlereagh assets of Hillsborough connects City Council the original with the unique and the Forest located in the heart of Contact Information the village, allows visitors to truely Hazel King immerse themselves in nature. +44 (0)7711225923 Hazel.King@ lisburncastlereagh.gov.uk

33 Bangor Waterfront

Type of Opportunity Tourism / Leisure / Residential

Address Bangor Waterfront Bangor, County Down

Council Area Ards and North Down Borough Council

Site Size 39.22 acres / 15.87 hectares

Contact Information Susie McCullough +44 (0)0300 013 3333 Susie.mccullough@ ardsandnorthdown.gov.uk

Location Description Potential Uses Bangor is a seaside town located Bangor Waterfront - 3.3kms At Bangor Waterfront there is the approx. 21kms (13 miles) from (2.1 miles) of prime waterfront potential to redevelop Pickie Fun Belfast city centre. Belfast City regeneration with a unique Park into a national family visitor Airport is located approx. 18km range of leisure and tourism attraction, in addition to a range of (11 miles) and Belfast International opportunities. leisure and tourism opportunities Airport being 48km (30 miles) from including redeveloped marina, Bangor. The subject lands have a total sailing and water sports centre, of 39.22 acres / 15.87 hectares, tourism accommodation and The subject area is well serviced which is zoned as town centre family focused attractions. with public transport with buses in the area plan. from Bangor to Belfast and Bangor Located adjacent to Queens’ Bus Station nearby. Bangor Train Parade premier waterfront Station provides services running regeneration scheme to Belfast every half an hour at - see page 35 peak times.

34 Queen’s Parade

Type of Opportunity Tourism / Leisure / Residential

Address Queen’s Parade, Bangor

Council Area Ards and North Down Borough Council

Site Size 13 acres / 5.26 hectares

Contact Information Simon Moon +44 (0)28 9442 5600 [email protected]

Location Description Bangor is a seaside town located Queen’s Parade - Premier Queen’s Parade is located approx. 21kms (13 miles) from waterfront regeneration adjacent to Bangor Waterfront - Belfast city centre. Belfast City scheme. Subject lands consist prime regeneration opportunity Airport is located approx. 18km (11 of approximately 13 acres (5.26 with a unique range of leisure and miles) and Belfast International hectares), zoned as town centre tourism opportunities - see page Airport 48km (30 miles) from in the local area plan. This site 34 for details. Bangor. has two distinct parts; Marine Gardens, a new vibrant public Potential Uses The subject area is well serviced space which overlooks a 600 Queen’s Parade is suitable for a with public transport with buses berth marina, and a development variety of uses including hotels, from Bangor to Belfast and Bangor site that offers leisure, hotel and residential, commercial, retail, Bus Station nearby. Bangor Train retail opportunities. restaurants and offices. Station provides services running to Belfast every half an hour at Find out more at peak times. www.queensparadebangor.co.uk

35 The Junction Retail and Leisure Park

Type of Opportunity Tourism / Leisure / Retail / Residential

Address The Junction Retail and Leisure Park, Ballymena Road, Antrim

Council Area Antrim and Newtownabbey Borough Council

Site Size 400,000 sqft / 36,800 sqm

Contact Information Craig Mullan +44 (0)28 9034 0052 Craig.mullan@ antrimandnewtownabbey.gov.uk

Location Description The Junction Retail and Leisure Brands on this site include, Nike, of McDonalds, Nandos and Park Antrim is a 75 acre site Next, B&M Bargains, GAP, Beauty Starbucks Drive Thru as well located 2 minutes from the Outlet, The Entertainer, Asics, as a new public square and Junction 1 exit off the M22, Homebase, LIDL and Trespass entrance road. When completed 20 minutes from Belfast city as well as a range of eateries The Junction will be the largest centre, 10 minutes from Belfast including, Jakes Cocktail Bar and retail and leisure destination in International Airport and 25 Grill, Costa, Subway and Burger Northern Ireland. minutes from Belfast City Airport. King. Also, on site is a 90 bed 990,000 people or 55% of the Express by Holiday Inn Hotel and Potential Uses population of Northern Ireland a 10 screen Omniplex Maxx The Junction Retail & Leisure are within a 45 minute drive time Cinema and the largest ASDA Park is a mixed use site with of The Junction. supermarket in Northern Ireland. opportunities for enhanced retail experiences, leisure and Public transport in the form The Junction Retail and Leisure alternative uses subject to of buses, run from Belfast to Park is currently undergoing a planning. Coleraine via the Junction Retail redevelopment project which and Leisure Park. has recently seen the opening

36 Village and Drumnagreagh Hotel Site

Type of Opportunity Tourism / Leisure / Residential

Address Glenarm village New Road, Glenarm

Drumnagreagh Dickeystown Road, Glenarm

Council Area Mid and East Antrim Borough Council Glenarm Village Site Size Glenarm Investment Sites 14 acres / 5.6 hectares

Drumnagreagh Hotel Site 2.9 acres / 1.2 hectares

Contact Information Karen Hastings +44 (0)28 2563 3545 Karen.hastings@ midandeastantrim.gov.uk

Drumnagreagh Hotel Site

Location Description Potential Uses Glenarm village is situated 7 Glenarm village presents an The subject sites would be miles from Larne town centre and opportunity for investment across suitable for a variety of uses is located on the world renowned three sites, Eglinton Yard, the former to include tourism related Causeway Coastal Route. The Fish Factory and the Old Quarry site. enterprises, leisure uses and area benefits from ease of access The Drumnagreagh Hotel site offers residential development. to the Belfast airports and port, a unique tourism development which are both within 30mins. opportunity in a stunning location. The Drumnagreagh hotel site is The area is located at the beginning located just off the Coast Road of the Causeway Coastal Route between Larne and Glenarm, less and has also seen a considerable than two miles from Glenarm boost in tourism recently due to the village. success of Game of Thrones.

37 Mourne Park Estate

Type of Opportunity Tourism / Leisure / Residential

Address Mourne Park Estate

Council Area Newry, Mourne and Down District Council

Site Size 160 acres / 64.7 hectares

Contact Information Conor Mallon +44 (0)330 017 4000 [email protected] s ’ y t s e j

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38 Whitespots, Bangor

Type of Opportunity Location Potential Uses Tourism / Leisure / Recreation The subject site is located on the The subject site is suitable for a Bangor Road between Bangor and variety of different uses. The uses Address Newtownards, approximately 23 km which have been suggested are Whitespots, Bangor, Co Down (14 miles) from Belfast city centre. to bring economic, health and educational, community cohesion Council Area Description and other social benefits. The Ards and North Down The subject site is a former mining subject site is suitable for tourism, Borough Council area. The site was established as leisure and recreational use. Whitespots Country Park in 1995 Site Size with ongoing development. Ards and 80.55 acres / 33 hectares North Down Borough Council has been developing a long-term vision Contact Information for a Regional Park connecting Susie McCullough Whitespots to the other locations +44 0300 013 3333 via greenways linking Belfast Susie.mccullough@ through Comber; Newtownards; ardsandnorthdown.gov.uk and back to Belfast. s ’ y t s e j

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39 Mount Caulfield Site,

Type of Opportunity Tourism / Leisure / Residential

Address Mount Caulfield Site, Bessbrook

Council Area Newry, Mourne and Down District Council

Site Size 3.76 acres / 1.52 hectares

Contact Information Conor Mallon +44 (0)330 017 4000 [email protected]

Location Description $ The Mount Caulfield House is The site consists of 3.76 acres / situated in the south-east of 1.52 hectares of land, of which the village of Bessbrook, just off the historical Mount Caulfield

UGH PARK Fearons Terrace. Bessbrook is House sits on. MLO A C situated c 38 miles from Belfast D A O R L city centre. The site is situated Potential Uses MIL approx a 1-hour drive from both The subject site would be suitable

Belfast City and International for a mixed development opportunity, G R E E N airports. for tourism in the form of a guest R O A house or hotel with possible D Bessbrook is well serviced rental holiday cottages or housing with public transport, with development. train and bus services going AR D to and from Newry. AV EE N PA RK

15200.36 M²

1:970 3.76 Acres

This material is Crown Copyright and is reproduced with the permission of Land & Property Services under delegated authority from the Controller of Her Majesty’s Stationery Office. © Crown copyright and database rights 2018 CS&LA156.

40 41 Further Information

Support Available Northern Ireland Investment Fund - Wrap-around business support programmes Eligibility Checklist available through the different councils include, Business Growth mentoring, Planning Policy advice and support, Skills Academies and a Property These are all eligibility requirements for the Northern Investment Programme. Ireland Investment Fund.

Invest NI provides support programmes, including / Is the subject scheme in Northern Ireland? If the access to mentoring, financing and export markets. scheme is not in Northern Ireland but provides significant economic benefit to Northern Ireland, There are also strong links with academic institutions please contact the Fund Managers in the first including Queens University, Ulster University and instance to discuss the proposal. industry focused Regional Colleges. / Please confirm that you cannot source alternative funding that would enable the scheme. Northern Ireland / Please confirm that the subject scheme meets Investment Fund one of the following use definitions: Office

The Northern Ireland Investment Fund is a £100m Industrial debt investment fund managed by CBRE. The Fund Warehousing is capitalised by the Department of Finance and managed by CBRE. Logistics R&D Hotel, Leisure and Residential as part of The stated mission of the Northern Ireland a mixed-use regeneration development Investment Fund (NIIF) is: Development of employment sites, site assembly, remediation, site access and other “To address market failures and accelerate site related infrastructure and increase investment in private sector led development, infrastructure and low carbon projects. Other capital investment in physical development and infrastructure that directly To secure private and / or public sector leverage supports economic growth, for example, to achieve sustainable financial returns, maximise tourism or leisure led projects and the provision the impact of public sector intervention and deliver of digital infrastructure economic growth.” Non-domestic and domestic Energy The purpose of the Fund is to provide debt liquidity efficiency projects into the NI market to support development projects Energy generation projects, including that will in turn support economic growth. It is not photovoltaic, wind, hydro and waste to energy intended to compete with other lenders that might be active in the market, but for schemes that are Heat network projects economically viable and cannot source debt. Energy storage projects Circular economy projects with a focus on Loans vary in size from £5-£20m, and can be resource efficiency and / or re-use senior mezzanine, or a “whole loan”. Loans are made alongside a satisfactory amount of developer Please confirm that the investment requirement equity, which will be invested first. is in excess of £2m

4242 Contacts

Andrew Coggins – NI; Origination [email protected] 028 9043 6915

Robert Ditty – NI; Origination [email protected] 028 9043 6917

Herbin Duffield – Fund Advisor [email protected] 020 7182 8381

William Church – Fund Manager [email protected] 020 7182 2867

Feb 2021

Every effort has been made to ensure that information included was correct at time of publication. While every care has been taken to ensure accuracy, we cannot accept responsibility for errors, omissions or changes that may occur after this time.

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