Major development for Limerick as Cornmarket Row is to become a new commercial space for the city.

The planned £22 million development aims to revitalise one of the oldest parts of Limerick City. Developers say that they want to create Limerick's Temple Bar in the Cornmarket Row area of the city.

The area is a one and a half acre site bordered by four streets close to the city's market. Under the new plans, the area is to be transformed into Cornmarket Square. The development includes a multi-storey car park with 700 spaces, 52,000 square feet of commercial space, and 44 apartments. 

The new development is being billed as the Temple Bar of Limerick.

The site has been completely cleared and Gable Developments claim that the old buildings were beyond preservation. Pat Kearney of the Limerick Chamber of Commerce says that the buildings were "beyond redemption".

Tadgh O'Brien, Managing Director with Gable Holdings, believes that Limerick is ahead of Cork in attitude and investment in the redevelopment of the city. 

An RTÉ News report broadcast on 6 January 1998. The reporter is Cathy Halloran.