Council to spend €4bn to regenerate parts of city

DUBLIN City Council plans to spend €4bn in the next 10 years regenerating large parts of the capital.

City manager John Tierney said that the massive spend would be topped-up by investment from private developers and that the council would seek funding from both the EU and Government to realise its ambitious plans.

Speaking at the launch of a public consultation process for an urban regeneration project for the Liberties area yesterday, Mr Tierney said the views of the communities involved would be sought before a plan is finalised.

The Liberties is one of a number of ambitious projects aimed at reversing decades of under-investment in the city centre, taking up to 10 years to realise.

Other projects earmarked for the €4bn regeneration kitty include O'Devaney Gardens on the North Circular Road, Dominick Street, Parnell Square and the Carlton cinema site on O'Connell Street.

Irish Independent