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Planned Waterford development shelved

Waterford - North Wharf project halted
Waterford - North Wharf project halted

A multi-million euro development planned for Waterford city will not now be going ahead.

The planned development of the North Wharf was central to the rejuvenation of the city centre.

The Port of Waterford company has confirmed that the Cork based development company that had planned to invest €37m in the project has pulled out.

The project was due to involve hotels, marina developments, offices and apartments, and was expected to lead to other developments along what was once known as Europe's finest quays.

Further development was also planned on the 13-acre site.

The Port of Waterford company has said it is in discussions with a number of other companies who may be interested in buying the 13-acre site.