The City of Belfast is undertaking a Brownfields Revitalization Study (formerly referred to as the Market Study) that will support economic development and revitalization efforts within Belfast’s downtown and waterfront areas. The objectives for this study are the following:
1. Encourage private owners to develop and invest in their own properties;
2. Encourage one or multiple entities to develop and invest in City-owned properties located at 45 Front Street (also referred to as ’Belfast Yards’) and 115 Congress Street (the former Public Works facility site); and
3. Allow the City to demonstrate to the community that it has conducted sufficient due diligence and has thought deliberately and realistically regarding development options for all of these properties.