AMBITIOUS plans for the £75 million re-development of Queen’s Parade in Bangor have been unveiled.
The proposed waterfront and urban regeneration scheme, to be developed by Angelvale Consortium, is set to reconnect the marina with the town and include zones for leisure, entertainment residential, retail and water sports, as well as proposing a new health well being centre.
At the core of the scheme is a new waterside 80 bed signature hotel and public piazza with access for the public to the marina and water sports centre.
Led by Cubic3, as investment manager and development directors, the consortia includes various international entertainment and leisure investors/operators as well as local organisations such as Beannchor, Clanmil and McLaughlin & Harvey contractors.
Roger Alexander, Managing Director of Cubic added:
"We are introducing a number of new investors and operators to Northern Ireland who are excited about the overall vision and new operations to be delivered by 2021".
