Coleraine Enterprise Zone
Since June 2014, SIB have been working with CC&G Council on the development of an Enterprise Zone, adjacent to the UU Coleraine Campus.
A pilot Enterprise Zone, adjacent to the Ulster University Coleraine Campus, was announced in March 2014.
In June 2014 it was decided that the best way to realise this investment opportunity was for Coleraine Borough Council to acquire the 20 acre site, carry out necessary enabling works and sub-lease a five acre plot to a suitable Data Centre developer (anchor tenant), followed by development and sub-leasing of the other 15 acres.
Coleraine Borough Council (now Causeway Coast and Glens) asked SIB to provide with assistance in the delivery of Northern Ireland’s first Enterprise Zone.
- March 2015: The Outline Business Case (OBC) is well advanced. This will scope and test the economic viability of the work needed to deliver such an Enterprise Zone and the potential benefits it could bring to the local and NI economy.
SIB is supporting the Council in developing the OBC.
Subject to the viability of the OBC and council approval of it, it is envisaged that SIB will support the council by project managing the delivery of the Enterprise Zone.