€121m in funding for transformative Urban Regeneration and Development projects – McAdam
Councillor Ray McAdam has hailed transformative investment of over €430 million for communities in Dublin under the second round of the Urban Regeneration and Development Fund.
Councillor McAdam said, “This second round of the Urban Regeneration and Development Fund (URDF) will see €430 million invested in strategic, transformative projects right across Dublin, including here in the North Inner City.
“Based on applications from local authorities, the projects will see substantial investment in infrastructure, improving transport and connectivity, quality and location of housing, recreational and cultural facilities, among other areas.
The projects approved in the North Inner City include:
- Markets and Public Realm Study and works, including a Public Realm Masterplan. The Masterplan and works include the pedestrianisation of streets, creation of public spaces, greening and cycle routes.
- Broadstone to Grand Canal – development of a pedestrian and cycle route.
- Site assembly in a number of areas.
- Parnell Square Public Realm works to create a civic space to link the Parnell Square Cultural Quarter buildings, which will involve the construction of a new city library.
- Mountjoy Square Construction project, which consists of a number of restoration measures and refurbishment of the existing community building.
- 41 Parnell Square – acquisition and refurbishment of a protected structure.
- Five Lamps Public Realm works, involving improvements to public lighting, street paving, street art and furniture.
- Moore Street Public Realm Renewal works to include lighting, public art, paving, stalls, signage to reactivate one of the most important trading streets in the city.
- 14-17 Moore Street – structural and restoration works to 4 houses to facilitate the reuse of these historic buildings to create an iconic visitor attraction and rejuvenation of a historic street.
“This investment will unlock the potential of our urban areas, making the best use of land available, promoting sensible development and compact growth, and ensuring that our urban communities are attractive and vibrant places in which to live, work and visit.
“This investment in communities is more vital than ever with the growth in remote and blended working which means more time spent at home locally, reduced time spent commuting as well as a boost for local businesses.
“I commend the work of Minister of State for Local Government and Planning, Peter Burke TD, and Minister for Housing, Local Government and Heritage Darragh O’Brien TD in overseeing this administration of this unprecedented investment in urban regeneration and development.”
Launched by the Fine Gael-led government in November 2018 as part of Project Ireland 2040, the Urban Regeneration and Development Fund is about sensible, strategic and sustainable development that regenerates and rejuvenates our cities and large towns. By aligning with both the National Planning Framework and the National Development Plan, the URDF focuses investment on infrastructure, including transport, housing and recreation, in a way that improves quality of life for all.
Councillor McAdam concluded “I know the work that has gone into planning and developing these transformative projects and I’m eager to see their implementation as they will be key to the rejuvenation and transformation of the post-Covid Dublin City Centre.
Arbour Hill, Ballybough, Broadstone, Church Street, City Centre, Clonliffe Road, Constitution Hill, Cycling, Drumcondra, Dublin City Council, East Wall, Fine Gael, Grangegorman, Markets, Montpelier, North Circular Road, North Strand, North Wall, Phibsborough, Quays, Rathdown Road, Smithfield, Stoneybatter, Urban Form
Fine Gael Councillor - North Inner City
Chair, Urban Form & Planning Strategic Policy Committee