The development of the North Quays in Waterford has taken a step closer after councillors last night (Thursday) unanimously approved the North Quays strategic planning scheme.
The draft document setting out the vision for the area, which includes retail, hotel, housing and office space along with an Integrated Transport Hub, was out for public consultation for six weeks. During that time 47 submissions were received by the Council.
If there are no appeals, the planning scheme will take effect in four week’s time.
This means the path would then be clear for Saudi firm Fawaz Al-Hokair to begin development work, assuming the government deliver the 63 million euro capital investment required to support the project; an announcement on the capital funding is expected in the next fortnight.
Deputy Chief Executive of Waterford Council Lar Power said it was “a transformational moment” for Waterford.
Councillor Eamon Quinlan praised the council staff for their hard work on the project and said people in Waterford should be proud of the “homegrown team” who did the lion’s share of the work in getting this over the line.