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Plans unveiled for 'Titanic' scheme

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.