Menu
13/12/2012
Former Murray's Tobacco Factory Reopens
The former Murray’s Tobacco factory in Belfast has reopened following a £1.3m grant.
The Department for Social Development grant went towards the £4.6m refurbishment and restoration of the factory.
Social Development Minister Nelson McCausland visited the development.
The investment in the Sandy Row area of Belfast will provide 2,512 sq metres of commercial floor space, the potential for up to 150 full time employment opportunities and 150 metres of improved street frontage.
Nelson McCausland said: "This is great news for the people of the Sandy Row area. I am pleased that my Department has been able to provide the much needed financial support towards this high profile development. The restoration of this former tobacco factory has brought significant environmental, social and economic benefits to people in this part of Belfast.
"For many years this part of the city has suffered from a lack of investment and regeneration. This refurbishment is changing that. It is changing it for the better."
The £4.6million scheme was undertaken by local developer Mayville Ltd.
Commenting on the investment potential Nelson McCausland said: "In times of economic uncertainty, private sector investment is very welcome. This is an excellent example of government and the private sector working together to bring about the physical regeneration of the Sandy Row area of Belfast."
(IT)
The Department for Social Development grant went towards the £4.6m refurbishment and restoration of the factory.
Social Development Minister Nelson McCausland visited the development.
The investment in the Sandy Row area of Belfast will provide 2,512 sq metres of commercial floor space, the potential for up to 150 full time employment opportunities and 150 metres of improved street frontage.
Nelson McCausland said: "This is great news for the people of the Sandy Row area. I am pleased that my Department has been able to provide the much needed financial support towards this high profile development. The restoration of this former tobacco factory has brought significant environmental, social and economic benefits to people in this part of Belfast.
"For many years this part of the city has suffered from a lack of investment and regeneration. This refurbishment is changing that. It is changing it for the better."
The £4.6million scheme was undertaken by local developer Mayville Ltd.
Commenting on the investment potential Nelson McCausland said: "In times of economic uncertainty, private sector investment is very welcome. This is an excellent example of government and the private sector working together to bring about the physical regeneration of the Sandy Row area of Belfast."
(IT)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
26 November 2001
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
21 May 2013
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
21 December 2016
DAERA Launch £1m Business Investment Scheme
The Department of Agriculture, Environment and Rural Affairs have announced a £1 million Business Investment Scheme, which aims to create jobs and stimulate economic growth in Ards and North Down The Business Investment Scheme, which is one of the strands of the Department's LEADER Rural Development Programme, will assist those in Ards and North Do
DAERA Launch £1m Business Investment Scheme
The Department of Agriculture, Environment and Rural Affairs have announced a £1 million Business Investment Scheme, which aims to create jobs and stimulate economic growth in Ards and North Down The Business Investment Scheme, which is one of the strands of the Department's LEADER Rural Development Programme, will assist those in Ards and North Do
25 October 2011
Co-ownership Funding To Boost Builders
The banking sector and the Stormont Executive are to join forces and work together to inject further funding into Northern Ireland's co-ownership housing scheme.
Co-ownership Funding To Boost Builders
The banking sector and the Stormont Executive are to join forces and work together to inject further funding into Northern Ireland's co-ownership housing scheme.
08 October 2014
Chelsea Apps Factory To Open Development Centre In Belfast
Chelsea Apps Factory is to open a new technology development centre in Belfast. The firm, specialists in helping businesses mobilise their workforce by harnessing the power of technology, will open the hub in early 2015 in a central Belfast location.
Chelsea Apps Factory To Open Development Centre In Belfast
Chelsea Apps Factory is to open a new technology development centre in Belfast. The firm, specialists in helping businesses mobilise their workforce by harnessing the power of technology, will open the hub in early 2015 in a central Belfast location.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
