Developers have opportunity to invest in protected buildings

PROPERTY developers in Waterford are to be given a chance to invest in protected structures in the city and transform them, where suitable and appropriate, into thriving commercial hubs.

Waterford City Council has announced it has relaxed its planning restrictions on protected structures and is more open to positive commercial development of such buildings.

Strict council rules in Waterford meant that such buildings could only be developed for community projects and purposes up to now. The upkeep of such buildings would also fall under the charge of the local authority.