Friday 19 March 2021: Limerick Chamber has today welcomed the announcement by Minister O’Brien of significant investment into Limerick city centre under the Urban Regeneration and Development Fund (URDF).
Commenting on the total of €116 million being allocated to projects, Limerick Chamber CEO Dee Ryan said: ”This is very welcome news of significant investment into our city – the World Class Waterfront project will dramatically improve the area around the Shannon in the city centre, featuring public realm works and pedestrian bridges, and it paves the way for private investors to commit to further projects in the area.”
“The green light for a Digital Collaboration centre, an Accelerator centre and a Film Skills Academy is a significant support to companies starting-up and scaling-up in Limerick, while simultaneously breathing energy and vitality into our Georgian Core.
City centre retail and hospitality businesses, who have been worst hit by the pandemic, stand to benefit from the boost to footfall that these projects will bring, and upon completion the improvement to the overall experience and livability of our city centre.”
“Todays announcement speaks to the ambition that Limerick has for driving on our city and county. My congratulations to Limerick City and County Council and project partners on the success of the applications. We look forward to the speedy draw-down of funding and commencement of works.”