Construction News

29/10/2009

€28m Urban Renewal Funding Announced

Over €1.2m has been granted towards the Tullamore canal corridor project in Co Offaly as part of a wider €28m investment in urban regeneration.

The Border, Midland & Western (BMW) and the Southern & Eastern (S&E) Regional Assemblies approved the grants under the National Spatial Strategy for designated 'gateway' and 'hub' towns.

Southern eastern authorities have been awarded €11m towards project in the gateway cities of Cork, Dublin, Limerick and Waterford.

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This cash will fund public realm improvements, green transport routes, arts centres and tourist visitor attractions.

In the Border, Midland and West Region, the five designated gateways are Dundalk, Galway City, Letterkenny, Midlands (Athlone, Tullamore, Mullingar) and Sligo.

These areas have been awarded €10.85m towards strategic transport, urban regeneration and cultural investments.

Meanwhile the 'hub' towns of Ballina, Castlebar, Cavan, Monaghan and Tuam will benefit from an investment of €6.3m in urban renewal, amenity provision, energy efficiency and cultural infrastructure investment.

The majority of projects are due to be completed by the end of 2010.

(PR/BMcC)

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