Grosvenor Road, Belfast MSCP
Loan for redevelopment of existing surface level car park to a multi-storey car park.
The NIIF made a loan to develop a 575-space multi-storey car park with ancillary offices on the existing site on Grosvenor Road. The development supports Belfast City Council parking strategy by amalgamating parking provision into a multi-storey car parks on key arterial routes such as Grosvenor Road, releasing other surface level parking sites within the City to be developed out as other uses. The car park is located within close proximity of the Weaver’s cross strategic development site and transport hub which will be built out over the next 2-5 years.
The scheme was developed by the McCausland Group and completed in September 2020.