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29/11/2018

Millions awarded for urban and rural regeneration in Ireland

Words: Roger Milne
Projects in the city centre of Limerick receive funding / Shutterstock_1203466084

Ministers have announced the first projects that will be allocated a total of €100 million under the Urban Regeneration and Development Fund, launched in July this year as part of Project Ireland 2040.

The funding aims to help rejuvenate significant but underused areas in Ireland’s five cities and other large towns. There are 88 schemes included in this first tranche of successful bids.

The applications included:

  • converting the former school on Rutland Street within the North East Inner City of Dublin into a community hub
  • support for large scale strategic sites on both sides of the river in the Cork Docklands regeneration areas
  • regeneration for O’Connell Street and projects in the city centre of Limerick
  • public realm and riverside enhancement for the Abbey Quarter in Kilkenny.

This is the first round of funding with further announcements annually from 2019 to 2027.

In a related move, 18 rural communities will benefit from the first tranche of the €1 billion Rural Regeneration and Development Fund. The fund is designed to regenerate towns, villages and rural communities throughout the country, and a further round of allocations will be made early in 2019.

The projects that will share in the initial €35 million funding just announced include a Yeats Trail, the National Centre of Excellence for Surfing in Co Sligo, the Kinsale Library Project, the restoration of the Borris Railway Viaduct and the conversion into a museum of the Valentia Island Trans-Atlantic Cable Station.

The full Urban Regeneration fund recipient list can be found on the Irish Government website (pdf).

Image credit | Shutterstock

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