Moorefield Group has unveiled its plans to invest £10 million into regenerating Ann Street in Dungannon, Co Tyrone.
The developer revealed the proposals at a council meeting, which included plans to build a new hotel and major retail and office space.
If approved, the project will create 80 construction jobs over a three to five-year period.
Tony Wan of Moorefield said: "We are thrilled to be able to show our plans to develop this site which will bring new hospitality and retail choices to Dungannon. The addition of new retailers and a hotel operator will bring added vibrancy and shoppers to the town centre and will also mean jobs for local people if the site gets the green light.
"Shortly there will be a formal period of consultation with the local community, and we are keen to reach out and hear back from people living in the area."
Chair of Mid Ulster District Council, Councillor Sean McPeake, added: "The land at Ann Street site has long been considered a strategic development opportunity site and an important link between the west of the town and the main retail core.
"We are moving ever closer to seeing its transformation from derelict land into a thriving public space for commercial and social use and there is no doubt Moorefield's plans will provide a real economic boost to Dungannon."
(CM/LM)
Time and date
CONSTRUCTION DIRECTORY
Construction News
26/06/2018
Moorefield Group To Create 80 Jobs In Dungannon Regeneration Project
Latest Construction News
20/11/2024
MDE has been awarded the electrical services contract for the Clondalkin School Development Project in Dublin. Working alongside Cunningham Contracts Ltd., the company will serve as the specialist electrical contractor for the construction of new facilities for Gaelscoil na Camóige, Gaelscoil ...
20/11/2024
In celebration of European Week for Waste Reduction, the Northern Ireland Resources Network (NIRN) has launched an environmental education programme to promote zero-waste principles among young people. Three schools from the ABC Borough—St Francis Primary School in Lurgan, St Patrick's Primary ...
20/11/2024
Work has begun at hospital sites across Northern Ireland as part of preparations to eliminate car parking charges by May 2026. Health and Social Care Trusts are installing the necessary infrastructure for a new traffic management system, following the passing of the Hospital Parking Charges Act by ...
20/11/2024
Fine Gael has accused Sinn Féin of abandoning its commitment to protect consumers from rising energy costs, claiming that the party's policies could lead to increased costs for 2.1 million customers. The criticism comes after Sinn Féin's alternative budget last month proposed retaining the ...
20/11/2024
SDLP Agriculture, Environment, and Rural Affairs Spokesperson Patsy McGlone has urged Minister Andrew Muir to take decisive action to protect the environment, rather than launching additional reviews. The comments came after Minister Muir announced a review into environmental governance during an ...
20/11/2024
Alliance Strangford MLAs Kellie Armstrong and Nick Mathison, along with Alliance East Antrim MLA Danny Donnelly, recently visited the tidal research experiment at Queen's University Marine Laboratory (QML) in Strangford. The project, funded by the Centre for Advanced Sustainable Energy (CASE), is ...
19/11/2024
Phoenix Energy has been awarded an international standards accreditation from the British Standards Institution (BSI) in recognition of its inclusive service approach for customers in vulnerable situations. The certification highlights Phoenix Energy's commitment to providing fair, flexible, and ...
19/11/2024
Seating Matters is investing £3.7 million to enhance and improve its manufacturing facilities in Limavady and L'Derry. The company is aiming to support its bold strategy to triple revenue by 2027. Making the announcement while visiting the company's Limavady site Economy Minister Conor Murphy ...
19/11/2024
SDLP Infrastructure Spokesperson Mark H Durkan has urged the Minister and the Executive to take immediate action to address problems within Northern Ireland Water. Mr Durkan warned that the current state of the wastewater system is creating significant delays for infrastructure projects across ...
19/11/2024
Galway City Council will hold a public information evening on affordable housing on Monday, November 25, 2024, from 4pm to 8pm at the Connacht Hotel, Old Dublin Road, Galway. The event will provide an opportunity for the public to learn about how affordable housing operates. Council staff will be ...