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Waterford to get €2.4bn facelift

Waterford - €625m regeneration fund
Waterford - €625m regeneration fund

A €2.4bn investment project aimed at improving the quality of life in Waterford was launched this morning.

The scheme includes a plan to build a pedestrian bridge over the River Suir linking the north and south quays and city centre.

The plan outlines how the private sector will combine with the public sector to develop the city.

Waterford Crystal outlined its plans to develop a €300m lifestyle and retail operation.

A total of €625m is earmarked for regeneration projects on both sides of the Suir including the building of the new bridge.

The authors of the plan say any development proposals for the city will be rigorously tested against quality of life in the city.

The plan is due for completion in 2014 when the city celebrates 1100 years.