A £500 million city centre scheme will be named to reflect Belfast’s global ambitions while maintaining its individual spirit developers have claimed.
Tribeca Belfast, the Triangle beside the Cathedral, is an urban regeneration scheme proposed by Castlebrooke Investments for a 12 acre site located beside St Anne’s Cathedral bounded by Royal Avenue, Donegall Street, Lower Garfield Street and Rosemary Street.
The scheme, hailed as the largest single regeneration project in the city centre, is intended to deliver 1,500,000sqft of prime residential, Grade A office, retail, food and beverage space.
“The name Tribeca Belfast reflects the geography of the site and links our brand of ‘International Heart, Belfast Soul’,” said Castlebrooke Investments CEO Neil Young.
“The development is rooted in the aspirations of the city to become more international and build on the optimistic spirit which is already alive in the city.
“The scheme is the embodiment of the positivity surrounding Belfast and it will become a benchmark for UK regional cities.”
“Our aim is to transform the city centre through comprehensive regeneration putting Belfast at the forefront of British and European cities.”
The project, which was formerly known as the Royal Exchange, has had a controvertial past amid fears that the loss of older buildings and overdevelopment would negagtively impact the city’s Cathedral Quarter which has led the way for much of Belfast’s recent regeneration.
However, after working with people such as conservation architect Dawson Stelfox, the London based developer has claimed the scheme will create “a new urban realm that blends the area’s history with state of the art design”.
“Recently Castlebrooke Investments revealed the first images of plans for the listed building on Lower Garfield Street – branded as Garfield & North,” said Castlebrooke director Jonathan Mitchell.
“The building, which is one of the most treasured listed buildings in the city centre, corners Lower Garfield Street and North Street.
“We have commenced a sensitive refurbishment to protect and preserve this heritage building bringing one of Belfast’s most renowned heritage assets back into meaningful use.
“Garfield & North will regenerate the existing derelict listed structure,” he added.
Co-director Estelle Hunt said the development was miving forward to deliever needed facilities for the city.
“Belfast is a city in transformation. It has a burgeoning population of educated, ambitious and young adults with a desire to live in the city centre, close to gyms, restaurants and their work places.
“To meet this increasing expectation, Belfast is in need of a changed urban landscape and the regeneration of Tribeca Belfast caters for this requirement.”
“The first phase of Tribeca Belfast will deliver two Grade A office buildings comprising in excess of 180,000 sq ft, one of which has been designed to international headquarter office standards.
Additionally the first phase will include 24 luxury apartments and ground floor retail/food and beverage units.