The Waterside

The Waterside

The Waterside is a five year, £450 million Belfast development project located on the 16 acre wasteland that was once the old Sirocco site. Plans for it involve 79,620m2 Grade A Offices, 18,200m2 Hotel/Aparthotel, 675 apartments and 9,650m2 retail/leisure/community.

This pivotal site reconnects Belfast city centre and embraces its most iconic natural asset, the River Lagan. Owned by Osborne+Co, pioneers in placemaking and owners of a worldwide portfolio of $2.5billion end value projects across four continents, The Waterside will provide places to live, play, work and stay, but it will also provide opportunity in the form of BEON, an ethos around creative talent generation – a key outcome of the bespoke Placemaking Plus Belfast strategy.

Project Sponsors

Key Facts

Project Sponsor



£450 million


Commercial / Residential / Leisure / Retail / Hotel


Belfast city centre, River Lagan

Investment Type

Private equity investor / funder


Ready for investment

Planning Status

Outline planning consent granted and full planning granted for first phase