The Lord Mayor of Cork Chris O'Leary has welcomed €5 million of European grant funding for the city.
The cash boost will be put towards 'sustainable urban development' under the city's Designated Urban Centres Grants Scheme.
Approximately €3.5m is to be provided for the development of Marina Park and the environmental enhancement of Monahan Rd.
In addition, €1.5m will be used to develop a dedicated cycle and pedestrian bridge between Harley Street and Merchants Quay.
Both projects will be matched funded by the city council.
Councillor O'Leary said: "We warmly welcome this announcement which follows a very comprehensive application submitted by Cork City Council.
"Following on from the recent announcement of the Capitol development, it again highlights how the city centre is being revitalised though a combination of public and private sector investment."
(LM/JP)
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