Construction News

04/06/2014

£1.8m Regeneration Project Complete In L'Derry

Social Development Minister Nelson McCausland has welcomed the completion of a £1.8million regeneration project on the former Ulster Bank site in Waterloo Place, L'Derry.

The prominent building is situated in the heart of L'Derry's commercial and retail core. The regeneration scheme has helped to enhance the area's image and reputation as a place to do business, shop and live.

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Following a tour of the completed premises Minister McCausland said: "This regeneration scheme has given a facelift to this prominent city centre building, which complements the substantial work my Department has previously carried out in Waterloo Place and Guildhall Square. This investment will act as a catalyst to attract further private sector investment to the city centre.

"The completion of this major project is the latest example of my Department’s commitment to the regeneration of many of the City’s oldest and most prominent buildings. In the past year a number of similar projects in the city centre have received over £340,000 in grant aided funding from my Department."

(CD/MH)

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