Waterford City and County Council has granted planning permission to Harcourt Developments (t/a Hopcast Limited) for the development of the first phase of the North Quays Strategic Development Zone (SDZ).
The mixed-use development will include significant residential accommodation, as well as office and hotel accommodation, retail offerings and high-quality public realm spaces which will benefit people across South Kilkenny, the South-East and further afield.
A 160-bedroom hotel and conference centre, 350 residential units and office accommodation including a ground floor creche and retail units are amongst the amenities planned for the project.
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The SDZ development places a significant emphasis on connecting the north and south quays, and improving the public realm through investment in new high quality civic spaces, including sustainable transport infrastructure, which will connect the Waterford and the South-East Greenways via the city centre and new sustainable transport bridge.
Commenting on the planning decision, Sean McKeown, former Interim Chief Executive (CEO) of Kilkenny County Council and current CEO of Waterford City and County Council said; "This is a momentous day for Waterford and the wider region.
"The North Quays Infrastructure Project is progressing well, with the impressive integrated transport hub on Frank Cassin Wharf, the construction of the five access bridges over the rail corridor and new greenway, and the much anticipated arrival of the sustainable transport bridge from Belgium next month," he continued.
"This next phase of development on the North Quays is hugely significant as it amplifies the potential for jobs, investment, and residential and commercial development," Mr McKeown added.
The direct benefit to Waterford of the investment in the SDZ Site is anticipated to be in excess of €350m over the next six years, with 200 people employed during construction and upwards of 1,500 jobs to be created following completion of phase one of the development.
Construction of the private SDZ development is anticipated to start later this year.
Harcourt Developments is a Dublin-based property development and management company with a broad portfolio of award-winning projects and their experience in developing Belfast’s Titanic Quarter is expected to be hugely positive in delivering the North Quays development.
The Land Development Agency is also engaging with Harcourt in respect of the residential elements of the project.
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