Plans unveiled for 'Titanic' scheme

Updated: 17:42, Tuesday, 18 October 2005

Plans have been announced for the radical redevelopment of the shipyard area of Belfast where the Titanic was built.

Plans have been announced for the radical redevelopment of the shipyard area of Belfast where the ill-fated liner, the Titanic, was built.

The Titanic Quarter scheme will be the biggest property development ever undertaken in Northern Ireland.

It will cost £1bn and create 20,000 new jobs. The 185-acre site will have commercial, residential and educational aspects, with the aim of creating a new dockside community in Belfast.

Stage one of the project will be the building of a hotel, apartments and offices at Abercorn Basin next spring.

It is hoped the entire development will be completed by 2012, the centenary of the Titanic's launch.

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