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10th November 2020 | Press Releases, Regional Development

Green TDs welcome ‘historic’ funding for Waterford through Urban Regeneration and Development Fund and NTA

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Waterford Green Party TD Marc Ó Cathasaigh and Carlow Kilkenny Minister of State Malcolm Noonan have welcomed today’s historic announcement of unprecedented funding for the North Quays Project. The funding package of €110.6m is made up of €80.6m in Urban Regeneration and Development Fund (URDF) support for the Waterford North Quays project from the Department of Housing and €30 million from the Department of Transport, through the National Transport Authority.

Speaking after the announcement, Deputy Ó Cathasaigh said:This historic level of investment in Waterford really is a ‘once in a generation’ vote of confidence in our city, our county and our people. It is a green investment which answers the need for compact growth as we address climate change, it will put us ahead of other parts of Ireland in playing our part, and it will be an example to all.

“The buildings will be green and sustainable. The Sustainable Transport Bridge linking North and South Quays will support green and active transport as it carries pedestrians, cyclists and electric bus passengers. The Integrated Transport Hub will enhance our public transport offering and connectivity as a city and main urban centre in the region, and the entire project links up the Waterford and Kilkenny Greenways with commuter links on the South Kilkenny side. This project is a green project and I am very proud to see it reach this stage.”

Green TD for Carlow-Kilkenny and Minister of State for Heritage and Electoral Reform Malcolm Noonan said: “The €80m investment in the North Quays project by the Department of Housing represents one of the biggest government interventions in the South East region in many decades. With this fund, and the advancement of the Technical University for the South East, we are finally seeing a growing confidence in the region and a government willing to invest in what will be a counterbalance to the lop-sided expansion of the greater Dublin area.

“The active travel element of the project funded by my colleague Minister Eamon Ryan will compliment our investment in the greenway project. We want to be ready for lift off when Covid-19 is brought under control and I am of the view that the entire region will benefit from this investment. There will be spin offs for Kilkenny too but ultimately this is about the wider regional context and ensuring that young people will have a future by staying here, going on to further education and training here, and ultimately working here in sustainable, green employment, long into the future.”

Minister for Transport, Environment, Climate and Communications and Green Party Leader Eamon Ryan TD added, “I’m delighted that my Department is supporting the development of the North Quays SDZ project which will transform Waterford in the years ahead. The funding I am making available will support the development of the new sustainable transport bridge across the River Suir to link up the North and South Quays, providing access for cyclists, pedestrians and public transport users.

“It will in time also provide a link between the Waterford Greenway and the New Ross Greenway, both of which are also being supported by my Department. I believe the relocated train station will also provide a real catalyst for the urban regeneration and development of the wider site. This entire project is an example of how sustainable transport can help drive economic development, while also providing improvements in peoples’ quality of life in our regional cities.”