Limerick Post - Saturday, 19 June 2010.
Regeneration gets go-ahead
The Government has
finally pledged €337 million for the first four years of
the Limerick Regeneration Project.
An Taoiseach, Brian
Cowen, said that the first phase of the ambitious Limerick Regeneration
Programme,would get underway this summer.
the regeneration initiative in Limerick to be of the utmost
importance, both for the communities and families living in
Despite the challenges
currently facing the Exchequer funding for the plan, to be delivered
over the next four and a half years, had been secured within
a number of Departments budgets.
Minister for Housing
Michael Finneran said I am committed to providing over
850 new and refurbished social housing units, and the associated
enabling works, at a total cost of €160m over the next
four and a half years.
An additional €10
million in 2010 in order to fast-track the enabling works, including
acquisitions, demolition and site preparation, to facilitate
the early construction of new housing and other important infrastructural
A spokesperson for
Limerick Regeneration said that they have already received phonecalls
from builders and construction workers enquiring about the project.
He said, The
Department have released their own publications and have actually
increased the amount needed for the first four years.
said, I expect that by the end of the year we will have
broken ground on two new housing projects at Cliona Park in
Moyross and at Lord Edward Street serving Balinacurra Weston,
while the new crèche at St. Marys Park, with significant
funding from the Childcare Investment Programme,will be almost