Waterford Chamber

Waterford Chamber disappointed at delay to €280m city centre development

Waterford Chamber has expressed disappointment at the delay caused to a €280m development in the city centre by an appeal to An Bord Pleanála.

Waterford City Council granted planning permission earlier this month to KRM Construction Partnership for a major retail, hotel and residential development on a 5.1 acre site at New Street, Michael Street, Stephen Street and Brown’s Lane.

It had been hoped to start construction work on the project in September with some 600 jobs to be created during that phase and a further 1,300 from the end of 2009 when the development was due for completion.

Chamber President Andrew O’Neill said “There is no doubt but that Waterford city centre needs very significant investment if it is to compete successfully with other urban centres in the southeast and elsewhere in the country.