Titanic Quarter developer set to join £450m tourism consortium

The developer behind Belfast’s Titanic Quarter is in talks to take a major role in a £450 million tourism development in south west Scotland.

Owners of the Loudoun Castle estate in Ayrshire hope that a commercial deal with Harcourt Developments can be concluded soon.

The deal would mean that the developer becomes part of the consortium behind the proposed redevelopment of the site which housed the former Loudoun Castle theme park.

The Loudoun Woods consortium aims to transform the 576-acre Loudoun estate into a world-class tourism and leisure development, and potentially create more than 1,000 new jobs in the region.

It plans to convert Loudoun Castle into a new luxury hotel, and the complex would feature luxury holiday lodges, camping and indoor sports facilities.

The Loudoun Woods consortium is led by leisure and investment expert David Mace, who has served as a director on the boards of several leisure companies.

He said: “Loudoun Castle will be an all-weather, world-class holiday destination, which will attract visitors from all over the UK, create major economic benefits for Ayrshire and become a core part of Scotland’s tourism offering.

“We are looking forward to the planning inquiry and, given a positive decision by Scottish ministers, we are aiming to begin works in the summer of 2018.”

Harcourt Developments is the company behind the Titanic Quarter, one of the world’s largest waterfront urban regeneration projects on the site of the former Harland and Wolff Shipyard in Belfast, where the Titanic was built.

The Loudoun Woods consortium consists of Loudoun Estate and private investors, headed by Mace.