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Bangor: Work to begin on long-delayed Queen's Parade project
Bangor: Work to begin on long-delayed Queen's Parade project

BBC News

time03-06-2025

  • Business
  • BBC News

Bangor: Work to begin on long-delayed Queen's Parade project

After many false starts, work is finally set to start on the Queen's Parade development project in Bangor later this completed, it will include new homes, a hotel, offices, a market plaza, retail, cafes and seafront site in County Down has been derelict for almost 30 years and has faced years of planning on Tuesday, Communities Minister Gordon Lyons said that "after years of expectation", the project would be "transformational for Bangor". The site was bought by the Department for Communities (DfC) back in 2013 and in 2019, Bangor Marine was selected as the developer for the that time, the developer was a consortium made up of Karl Group and Farrans, who pulled out before Christmas and have since been replaced by Oakland investment is expected to cost £145m, with around half of that funding (£73m) coming from the Belfast City developer is investing £50m, £10m has come from the UK government's Levelling Up Fund and almost £10m has been invested by the department so far. 'A bright future' Communities Minister Gordon Lyons said he was "absolutely delighted" that work could now said he could understand that some residents might be "sceptical", given previous delays."We're at the end of this process but we're starting work now which is the important bit. This will be completed in its entirety over the next three to four years and I can't wait for that work to start." Ards and North Down Mayor Alistair Cathcart described the start of work as "an important and positive milestone" but said he would "only be fully satisfied when there are "diggers on site". Aran Blackbourne of Bangor Marine said the developer looked forward "to working with all parties to deliver this very exciting and important regeneration scheme". Analysis John Campbell, BBC News NI business and economics editorBangor is the largest settlement in NI's most prosperous area and has fast transport links to in theory transforming a stretch of its waterfront should have been a straightforward and commercially attractive practice there has been almost 30 years of failure and property and banking crisis of the late 2000s cast a long shadow over the project, alongside the need for redesigns and the usual planning there is a promise that work will finally begin within weeks, though Bangor citizens will take some convincing that it has been worth the wait. What does the Queen's Parade project involve? Construction on the first phase of the project, the public realm scheme, is hoped to start by the end of this month and run for 13 will include a new play park, two pavilions, kiosks with food and beverage offerings, an events space, and associated landscaping. The second phase will be largely residential apartments and also retail. It is due to begin in October.A hotel and office space will be included in the third phase. The fourth phase of more apartments and a cinema is expected to start in 2027, with completion due summer 2028. Timeline January 1999: Outline planning permission for a redevelopment scheme in the Queen's Parade area is first the coming years, the project will go through various redesigns, be held up by land acquisition issues and endure the property 2012: The then Department for Social Development (DSD) agrees to buy the development site from developer Karl Greenfarm Properties.2013: Approval to take forward the scheme is granted to the DSD, and work begins to acquire all the required properties within the site boundary. July 2015: Planning approval for the development is awarded to the 2019: Bangor Marine, a joint venture partnership between Karl Group and Farrans, signs a development agreement with the DfC and council to deliver the 2020: The developers submit a planning application for the 2021: The Department for Infrastructure (DfI) issues a holding direction on the proposal over concerns about potential flooding at the site linked to a reservoir in 2022: The then Infrastructure Minister Nichola Mallon confirms the DfI will not review the application, returning it to the council for further action, allowing the project to move 2022: Full planning permission is granted. January 2023: The project gets a £9.8m boost from the UK government's Levelling Up 2024: Pre-construction clearance work begins, in preparation for what is billed as construction work beginning later that 2024: It is announced that work is now expected to begin in January 2025: Bangor Marine's Aran Blackbourne says that "outstanding legal issues" mean the expected start date for construction work is 2025: Bangor Marine tells BBC News NI that legal documentation is still being finalised. Later in the month, the council confirms that Belfast-based Oakland Holdings will replace Farrans in the consortium. It says the final legal documents can now be signed to enable work to begin on 2025: The DfC announces that work will begin on the project.

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