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Physical investment
Through our Belfast Investment Fund (BIF) we have set aside £28.2 million for projects that help to develop or regenerate facilities for people who live in, invest in or visit our city.
A key objective of the fund is to encourage key private and public sector partners to co-invest in these projects.
Decisions on BIF funding are taken by area working groups, made up of councillors from the local area.
To date we have committed funding to 18 projects and are currently considering others right across the city. These projects are:
This map includes names, descriptions, values and status of all the individual BIF projects.
West Belfast
The project aims to physically restore this former school building to its former glory, in keeping with its Grade B1 listed status.
| BIF investment | Other Investment | Total investment |
|---|---|---|
| £3.5 million | £3.5 million from the NIO’s Social Investment Fund | £7 million |
Current status: Ongoing
South Belfast
The Lagan Gateway project includes a number of structural improvements and development works at Stranmillis including a navigation lock, an iconic foot and cycle bridge, refurbishment of the existing weir, plus high quality landscaping and paths.
| BIF investment | Other Investment | Total investment |
|---|---|---|
| £2.15 million | £950,000 (Ulster Garden Villages)
£707,193 (Department for Infrastructure, Rivers) £419,638 (Department for Communities) |
£4,226,831 |
Current status: Ongoing
South Belfast
A project to open up eight disused tunnels that run below East Bridge Street, connecting Lanyon Place (Central Station), St George’s Market and Lanyon Place with the Markets area.
| BIF investment | Other Investment | Total investment |
|---|---|---|
| £2.15 million | £1.3 million from The Executive's Office Social Investment Fund | £2.6 million |
Current status: Ongoing
This list will be added to as further funding is committed.
| Name of project | Short overview | BIF investment | Other Investment | Total investment | Current status |
|---|---|---|---|---|---|
| Blanchflower Playing Fields (east Belfast) |
Development to produce an IFA Premiership standard pitch, 206 seater stand and clubhouse and associated facilities. | £2,370,000 | To be confirmed | £2.37 million currently | Ongoing |
| Bloomfield Community Association (east Belfast) |
New build community facility | £440,000 | To be confirmed | Currently estimated at £618,000 | Ongoing |
| Braniel Church (east Belfast) | Extension to existing premises to include additional indoor and outdoor space. | £390,000 | To be confirmed | Committed in principle | |
| Bredagh GAC (south Belfast) |
Redevelopment of a derelict parish hall and creation of a purpose built club and community facility. | £700,000 | £180,000 Bredagh GAC | £880,000 | Ongoing |
| Cancer Lifeline (north Belfast) | Refurbishment of building to provide a support centre for families of those suffering from cancer. | £650,000 | £266,367 Department for Communities | £650,000 | Ongoing |
| Castlereagh Presbyterian Church (east Belfast) | Extension and reconfiguration to existing Church Hall | £382,000 | To be confirmed | Committed in principle | |
| Colin Glen Trust - Colin Glen Forest Park | Colin Glen Forest Park development for tourism and recreation facilities to include driving range, 3G pitches and dome, zip line and Alpine toboggan. | £2,500,000 | Department of Agriculture, Environment and Rural Affairs – £902k committed | Ongoing | |
| Davitts GAC (west Belfast) | Creation of full size Gaelic pitch, complete with spectator stand, changing rooms, hurling wall, children’s playground and outdoor gym. | £1,000,000 | £150,000 from Belfast City Council’s School Pitches Enhancement Fund £350,000 from Space and Place |
£1,500,000 | Complete |
| Grace Family Centre (north Belfast) | Construction of a new resource centre to provide a safe and nurturing place of respite. | £1,368,965 | £553,000 Department for Communities £145,000 Urban Villages |
£2,066,965 | Ongoing |
| Hanwood (east Belfast) | Upgrade of synthetic pitch, floodlights and roller shutters | £396,000 | To be confirmed | Committed in principle | |
| Líonra Uladh - Raidió Fáilte (west Belfast) |
Construction of a new building for the Irish language community media broadcaster, to include training, recording and archiving facility. | £950,000 | £460,000 from Department for Communities £375,000 from CISTE |
Approx. £1,785,000 | Complete |
| Lisnasharragh Schools Community cluster project | Renovations at Lisnasharragh PS and Cregagh PS including community rooms, raised beds and sensory garden. | £398,000 | To be confirmed | Committed in principle | |
| Strand Arts Centre (east Belfast) | Major refurbishment of Northern Ireland’s last remaining art deco cinema. | £1,800,000 | to be confirmed | Currently £1,800,000 | Ongoing |
| TAGIT Boxing Club (east Belfast) | Creation of a purpose-built boxing facility | £434,000 | To be confirmed | Committed in principle | |
| Willowfield Parish Halls (east Belfast) | Refurbishment of parish halls to provide permanent base for the Willowfield Youth Trust. | £560,000 | £240,000 from the Department of Education £325,000 congregation donations |
£1,125,000 | Complete |
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