THE biggest urban renewal programme for the city centre in decades could deliver more than 5,000 jobs to the area.
The long-awaited economic strategy for Limerick City and County provides for a major transformation of the streetscape in the city centre, with the demolition of Sarsfield House, and the creation of a new city centre square included.
Codenamed Project Limerick, the plan gives a roadmap for a complete regeneration of the city centre by 2030.
Some â‚¬250m will be required for the plan - but Finance Minister Michael Noonan has insisted the plans â€œwill not even reach the shelfâ€.
â€œHigher valueâ€ jobs are being targeted at the Medical Park in the Kingâ€™s Island, a new visitor and entertainment zone on the quayside providing office and service-based employment.
As well as this, jobs are
being sought at a major new visitor attraction in Sarsfield Street, and a â‚¬30m Urban Science and Technology Park at the former Cleeves site.
The cityâ€™s three third level institutions are to come together to create a â‚¬40m city centre campus near the Opera Centre site, with a recommendation of at least 500 students from ULâ€™s School of Architecture Moving to town.
In a bid to copper-fasten Limerickâ€™s place as â€œthe premier shopping destinationâ€ on the West Coast, there will be a major redevelopment of Arthurâ€™s Quay Shopping Centre, and Cruises Street. An expanded shopping precinct would be centred around Patrick Street, Oâ€™Connell Street, William Street and Cruises Street, while Georgian Limerick could also be redeveloped.
The Opera Centre site will see an innovation hub for new businesses, and a new city square will be built at Honanâ€™s Quay/Cruises Street.
See todayâ€™s Monday tabloid edition for more analysis of the plan for Limerick, and also in our weekend editions.