KFC ty­coon’s com­pany build­ing lux­ury homes

Three ma­jor de­vel­op­ments planned for Belfast

Belfast Telegraph - Business Telegraph - - Front Page - BY JOHN MUL­GREW

A COM­PANY which counts KFC ty­coon Michael Herbert as a di­rec­tor is build­ing three ma­jor lux­ury hous­ing de­vel­op­ments, it can be re­vealed.

Kirk Bryson & Co Ltd — which in­cludes the Belfast multi-mil­lion­aire as a di­rec­tor — is plan­ning to turn a va­cant site in the pop­u­lar Up­per New­tow­nards Road area of east Belfast into a 53-home de­vel­op­ment called Rose Park.

It is also de­vel­op­ing Park­lands, an apart­ment de­vel­op­ment based at Knock­nagoney in Belfast. It will fea­ture 104 apart­ments, in­clud­ing 18 one-bed­room flats along with 83 two-bed­rooms and three with three-bed­rooms.

The Rose Park hous­ing de­vel­op­ment close to the Stor­mont es­tate will in­clude 53 homes, con­sist­ing of a mix­ture of four-bed­room de­tached, four and three-bed­room semi-de­tached and town­houses, along with two-bed­room apart­ments.

It’s un­der­stood the Rose Park site was sold for more than £2m.

Stephen Blaney of Coogan and Co Ar­chi­tects, which is de­sign­ing both the schemes, told the Belfast Tele­graph: “The pro­pos­als for these two new res­i­den­tial de­vel- op­ments rep­re­sent a sig­nif­i­cant in­vest­ment in the east Belfast area, and will re­gen­er­ate two brown­field sites that have been va­cant for some time. “The apart­ments at Park­lands will ap­peal to a grow­ing gen­er­a­tion of young pro­fes­sion­als liv­ing in our city, while Rose Park will of­fer beau­ti­ful fam­ily homes in a part of Belfast that is in high de­mand.

“We had very good sup­port for both pro­pos­als dur­ing the con­sul­ta­tive stage and hope that the plan­ning process will be swift.”

Fur­ther fresh plans show Kirk Bryson & Co Ltd is propos­ing a 19-home de­vel­op­ment at a for­mer Lidl store site on the out­skirts of the north of the city on the Antrim Road.

Michael Herbert — whose com­pany holds Europe’s largest KFC fran­chise — is prob­a­bly best known for the Les­ley build­ings, a col­lec­tion of res­i­den­tial, com­mer­cial and of­fice schemes named af­ter his wife.

Aside from his fast-food fran­chise, Mr Herbert also deals in com­mer­cial prop­erty.

That in­cludes Ban­gor re­tail park Bloom­field Shop­ping Cen­tre, which was for­merly owned by one of Mr Herbert’s com­pa­nies.

It’s not his first foray into hous­ing de­vel­op­ments, but the new schemes are some of the largest that he has been in­volved with.

The new Rose Park hous­ing scheme aims “to cre­ate a high-qual­ity res­i­den­tial de­vel­op­ment”, ac­cord­ing to a de­sign statement.

The pro­posed homes are be­ing de­signed in an “arts and crafts ar­chi­tec­tural style” with fin­ishes in “keep­ing with the char­ac­ter of the area and are set within a well-de­signed land­scape scheme of na­tive tree plant­ing and hedgerows”.

Just last week, one in­dus­try body warned that a lack of houses com­ing onto the mar­ket is the biggest chal­lenge fac­ing the sec­tor in North­ern Ire­land.

The lat­est Royal In­sti­tu­tion of Char­tered Sur­vey­ors (RICS) sur­vey said buyer in­ter­est in homes was strong, but the num­ber of houses com­ing onto the mar­ket was fall­ing.

Mean­while, the lat­est of­fi­cial North­ern Ire­land Hous­ing Bul­letin shows there was a fall in the num­ber of prop­er­ties built here.

Be­tween July and Septem­ber 2016, build­ing con­trol recorded 1,973 home starts. That’s down by 1.8% on the same quar­ter in 2015.

An artist’s im­pres­sion of what the de­vel­op­ment at Park­lands will look like

Michael with his wife Les­ley

One of the styles of prop­er­ties at the Rose Park de­vel­op­ment in east Belfast

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