GRAHAM has been selected by Belfast City Council as its long-term private sector partner to deliver £630 million residential-led, mixed-use, sustainable developments across multiple sites.
The initial partnership phase will use strategic council-owned city centre sites with a development value of £280 million, which will deliver mixed tenure homes.
The approach aims to help drive forward city centre living and housing-led regeneration across the city.
It follows a period of active engagement with the private sector and investment market through a public procurement process.
Appointing GRAHAM aims to allow Belfast City Council to bring forward development at scale with placemaking, people and connectivity at its heart to help meet the city’s growth ambitions.
This comes as GRAHAM announced the completion of a fit-out package for Nike, in Glasgow.
John McDonald, investment projects managing director at GRAHAM, said: “GRAHAM is delighted to have been selected by Belfast City Council as its delivery partner for this housing-led regeneration partnership.
“We look forward to building a meaningful, long-term collaborative relationship with the Council, and other stakeholders, to expeditiously unlock Belfast’s regeneration potential.
“This partnership is a unique development vehicle that can make an important contribution to the Council’s strategic aspiration to deliver thousands of much-needed new homes for people of all ages and backgrounds.
“Together with the Council, we will be ambitious and build momentum across the portfolio of sites to accelerate development.”
Chairman of Belfast City Council’s strategic policy and resources committee, Councillor Ryan Murphy, said: “Belfast has seen significant regeneration in recent years and there is high demand to live, work, socialise, study, and invest here.
“At the core of this partnership is a strong commitment to community and stakeholder engagement and to delivering long lasting social, economic and environment impacts for communities.”
Councillor Sam Nelson, Chairperson of Belfast City Council’s city growth and regeneration committee said: “Accelerating city centre living and delivering quality homes across the wider city is one of Belfast’s most pressing priorities.
“As well as providing new homes, this opportunity will provide social value, create employment opportunities, deliver quality outdoor spaces, and support a vibrant, inclusive, and liveable city.”
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