Trademarket

Part of Members' Statements – in the Northern Ireland Assembly at 12:15 pm on 22 April 2024.

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Photo of Kate Nicholl Kate Nicholl Alliance 12:15, 22 April 2024

Trademarket has been a hub for independent businesses. Its 20 spaces are used for grassroots enterprise, and it has employed over 100 people. It always knew that it was temporary and that its time at 14 Dublin Road was limited, with the new Kainos and QUB site being built. However, Trademarket has been such a success that permanent closure is something that we should avoid.

Trademarket has been making representation to move to Bankmore Square and make that its new home. It is currently leased by the Linen Quarter business improvement district, but it belongs to DFI. Given the current status of liquor licensing, funding an alternative brownfield site beside another willing licensed premise would be difficult, so Trademarket has drawn up plans for how it could relocate all the businesses on to the Bankmore Square site. The plans will allow for the recent environmental improvements and, again, would be semi-permanent, thereby allowing for the future move of the roll-out of the south Belfast corridor of the Gilder, which we are very excited about.

Trademarket will close at the end of 2024 and knew that it would, but, when we see businesses such as this that are so innovative and have become such a success, we need to do everything that we can to help it succeed and continue, albeit on a new site. Let us support our independent businesses, and let us do what we can to save Trademarket.