"Titanic Belfast is a visitor attraction and a monument to Belfast's maritime heritage on the site of the former Harland & Wolff shipyard in the city's Titanic Quarter where the RMS Titanic was built. It tells the stories of the ill-fated Titanic, which hit an iceberg and sank during her maiden voyage in 1912, and her sister ships RMS Olympic and HMHS Britannic. The building contains more than 12,000 square metres (130,000 sq ft) of floor space, most of which is occupied by a series of galleries, plus private function rooms and community facilities.
The building is located on Queen's Island, an area of land at the entrance of Belfast Lough which was reclaimed from the water in the mid-19th century. It was used for many years by the shipbuilders Harland and Wolff, who built huge slipways and graving docks to accommodate the simultaneous construction of Olympic and Titanic. The decline of shipbuilding in Belfast left much of the area derelict. Most of the disused structures on the island were demolished. A number of heritage features were given listed status, including the Olympic and Titanic slipways and graving docks, as well as the iconic Samson and Goliath cranes.
The derelict land was renamed the "Titanic Quarter" in 2001 and was earmarked for regeneration. Development rights over 185 acres was subsequently bought by Harcourt Developments at a cost of £46 million, with 23 more acres set aside for a science park. The redevelopment plans included houses, hotels and entertainment amenities plus a maritime heritage museum and science centre. In 2005, plans were announced to build a museum dedicated to Titanic to attract tourists to the area, with the aim of completing it by 2012 to mark the centenary of Titanic's maiden voyage."
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"Today, Titanic Quarter is the focus for one of the most prestigious waterfront developments in Europe, a multi-million pound focus for business, residential and leisure activities. Yet from a historical perspective, Titanic Quarter is steeped in the heavy industry of shipbuildidng. Home to the Harland & Wolff shipyard, it nurtured engineering genius behind some of the mightiest vessels ever to set sail, including RMS Titanic after which the quarter is named."
SOURCE - info board