A €290m plan for the Regeneration of Limerick city’s disadvantaged estates was launched in Thomond Park last week.
The roadmap for one of the State’s largest capital programmes was unveiled with the publishing of the Limerick Regeneration Framework Implementation Plan.
The 500 page document is focussed on the three key pillars - Economic, Physical and Social - of the programme that will revitalise the communities over the next ten years by raising standards of living, opportunity and health and wellbeing for all residents of the Regeneration areas.
The evidence based plan was drawn up over a 12 month period, drawing from the previous four years of analysis and research on the ground across the Regeneration areas.
It was launched by Minister Jan O’Sullivan who said she could commit to funding of up to €30m a year up to 2016, when the next Government will be formed, but she said she “can’t imagine any future minister being able to renege on these plans.”
The implementation plan includes a projected budget of €93.3m for Southill and Ballinacurra Weston, €51.4m for St Mary’s Park, and €106.5m for Moyross.
It is anticipated that at least €28m will be ring-fenced by Government in the upcoming Budget to safeguard the future of the programme up to 2024.
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