Regeneration of Queens Parade, Bangor

The Department is currently leading on the redevelopment of the Queen’s Parade area of Bangor.

Outline of Queen's Parade Development Area
The regeneration of the Queen’s Parade area of the town centre is an exciting time for Bangor. The proposals are estimated to bring approximately £50m Private Sector investment into the heart of the town, creating a significant number of jobs in the construction sector, and further employment opportunities following completion of the project in the retail, service, and hospitality sectors.

       

       

Background

The Queen’s Parade area of Bangor has been largely derelict for almost 20 years and its regeneration has been an area of focus throughout this time.

The site, which occupies a prominent position overlooking the main Queen's Parade coastal road and Bangor Marina is, and has been, visually unattractive - regarded by many to be a key factor diminishing the vitality and vibrancy of the entire town centre.

Several attempts to take forward a viable regeneration scheme within the private sector have failed over the years, giving cause for the Department to take the lead as a priority project. Approval to take forward this major scheme was granted in 2013, to the then Department for Social Development, and work commenced to acquire all the required properties within the Queen’s Parade site boundary. A number of properties were acquired through a Vesting Order in January 2017, which completed the Departments acquisition of all the required land and property to take forward the scheme.

Planning approval for the Queen’s Parade development was awarded to the Department in July 2015.

View the video to find out more from some of those involved;

Development Brief & Agreement

The Queen’s Parade site was then offered for sale by way of a Development Brief in December 2016,  and following a tender process, Bangor Marine were appointed Preferred Bidder in October 2017.

The Department, Ards & North Down Borough Council and Bangor Marine reached formal agreement on the terms that formed a Development Agreement in May 2019.

Bangor Marine Limited is a partnership between Karl Group and Farrans, created specially to deliver the Queen’s Parade project.

The Development Agreement includes a number of key milestones which must be met, which includes achieving full Planning Permission within 15 months of signing and target-dates for the completion of four main phases of development. It is expected that construction works will commence by the end of 2020, and complete within five years.

Governance

A Project Board, comprising representatives from the Department, Ards & North Down Borough Council, Strategic Investment Board, Land & Property Services and the developer, has been established to oversee the governance and delivery of the Development Scheme, ensuring compliance with the conditions and timescales set within the Development Agreement.

This Board will meet regularly throughout the duration of the project.

Latest Position

Following appointment, Bangor Marine has already carried out a series of Public Consultation events on their proposals for the Queen’s Parade site and are refining their plans, with a view to submitting a planning application in the autumn of 2019.

Detail of the latest early proposals can be viewed on Bangor Marine's Queen's Parade website, www.queensparadebangor.co.uk

All images and proposals relating to the Queens Parade project are draft and are subject to change in accordance with the consultation and planning processes.

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