Limerick City Council has unveiled a major €50m Regeneration Plan that 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 plan is to give pedestrians priority in the heart of Limerick city and 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" - he said.
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. "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 added.
In addition, 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.
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 the local authorities for local economic infrastructure.
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