‘Full delivery of the regeneration programme has to be ensured’

THE Power Report, which was commissioned by developer Ger Clohessy, warns against any row-back on the huge regeneration plan to transform Limerick’s deprived council estates.

“There is a fear, in an environment of slower economic activity, government commitment to the regeneration plan may not be realised,” economist Jim Power said.

As the government reviews the national development plan, it was essential that the Limerick regeneration plan progresses, he said.

“It is not an economic programme — it is a social programme to develop proper economic and social structures. A clear message must be given to Government, that full delivery of the regeneration programme has to be ensured.”

Mr Power also stressed the importance of developing the city docklands which cover 44 acres.

It should cease as a working port and shipping should be transferred downriver to Foynes to enable the Limerick Docklands Initiative proceed.

The docklands initiative proposes huge development of the area with a combination of financial services, retail malls, hotels, restaurant, bars, residential areas and recreation centres.

“It could be an iconic park with major potential to transform the city. It does not make sense to have two working ports, Limerick and Foynes, so close and I feel very passionate about this.

“It is not rocket science that there should be one working port at Foynes. We have an alternative at Foynes and the present situation does not make sense,” he said.

Also, tourism in Limerick was not realising its potential. A new product centred on a vibrant city with strong, retail, hotel, and visitor attraction choices was needed.