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01/12/2008

€50m Regeneration Plans For Limerick City Announced

Limerick City Council has unveiled a major €50m Regeneration Plan, which it says will transform Limerick into one of Europe’s most vibrant and living centres.

The proposed plan includes the remodelling and pedestrianisation of Limerick’s centre and the development of a new Orbital Route that will still give traffic access to the heart of the city.

The aim of the €50m Regeneration Plan is to give pedestrians priority in the heart of Limerick city, improve the streetscapes and traffic management, according to Limerick City Manager Tom Mackey.

"This plan will give Limerick a vibrant and living city centre to match the best cities in Europe of comparable size," said Mr Mackey.

It will create a first class friendly public space where people can shop, live, work, sit in cafes and enjoy street entertainment, Mr Mackey added.

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"The remodelling of Limerick will complement the major regeneration of the city centre that is currently underway with the private sector investing over €1bn in developments such as the Opera Centre, new hotels, commercial and residential projects," Mr Mackey said.

And the new proposed Orbital Route will still give traffic access to the city centre while giving pedestrians and cyclists better access to quality public space, according to Mr Mackey.

Limerick city is one of the nine National Spatial Strategy Gateway Centres targeted in the National Development Plan for regional investment.

The Exchequer is to provide €300m in a Gateways Innovation Fund to these local authorities for local economic infrastructure.

The National Development Plan lists among its priority investment for the Limerick-Shannon Gateway "the significant upgrading of the public areas and streets in Limerick City centre and re-imaging of Limerick through a major urban renewal initiative".

Mr Mackey said: "Limerick City Council has developed a comprehensive Public Realm Strategy and is in the process of advancing many schemes to design and construction stage that could avail of the Gateway Innovation Fund."

The €50 million Limerick City Centre Regeneration Plan was unveiled to the 17 local councillors at a meeting in City Hall.

(PR/KMcA)

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