Dutch development group Multi Development announced that its flagship Victoria Square scheme in Belfast was awarded the Urban Regeneration Initiative of the Year Award at the Mapic retail property fair held in Cannes last week. The award was presented to the Department for Social Development (DSD) Northern Ireland, which worked in partnership with Multi Development. The £400 mln (EUR 470 mln) mixed-use retail-led development opened to the public in March of this year.
Dutch development group Multi Development announced that its flagship Victoria Square scheme in Belfast was awarded the Urban Regeneration Initiative of the Year Award at the Mapic retail property fair held in Cannes last week. The award was presented to the Department for Social Development (DSD) Northern Ireland, which worked in partnership with Multi Development. The £400 mln (EUR 470 mln) mixed-use retail-led development opened to the public in March of this year.
Victoria Square is the largest redevelopment scheme in Belfast City Centre for decades. It was chosen as the best urban regeneration scheme due to its integration with the urban environment and because it was deemed to have the most regenerative impact and overall the most positive impact on the local society.
Paul Sargent, managing director Multi Development UK, said: 'With world-class architecture and a mix of new and exciting retailers, Victoria Square has put Belfast on the map as a true European shopping destination.'
