€6.2 Million Allocated for Three Urban Renewal Projects in Sligo:
Fine Gael Local Area Representative for Sligo, Blaine Gaffney has welcomed the news announced today by Tony McLoughlin TD, of the allocation today by the Minister for Housing, Planning and Local Government, Eoghan Murphy of €6.2 Million for three major urban re-newal projects in Sligo town.
Gaffney who will be contesting the Sligo - Strandhill Fine Gael Local Election Convetion shortly, said that this funding will be a great boost to Co. Sligo, as it will kick start the development of three major infrastructure projects at the heart of our town.
The Governments ‘Project Ireland 2040’ which was launched in Sligo earlier this year, established four new funds earlier this year with a combined allocation of €4billion to 2027. The Urban Regeneration and Development fund (URDF) has an overall allocation of €2billion to 2027 and the Department of Housing, Planning & Local Government has responsibility for implementation of the URDF.
The fund is the largest urban regeneration initiative in Ireland for decades and was established to support more compact and sustainable development, through the regeneration of and rejuvenation of Ireland’s cities and large towns, in line with the objectives of Project Ireland 2040.
From today’s allocation, €4.3 Million has been allocated to the Eastern Garavouge Bridge and its approach roads. This new bridge will open up access and accessibility in Sligo and it will rid the town from congestion as cars seeking to access this side of town. This €20 Million Project should be ready to start construction in 2019.
€1.2 Million has been allocated to the O’Connell Street Enhancement project, which will join funding already allocated to this project under the European Regional Development Program. I look forward to Sligo County Council now getting down to business and delivering this long awaited upgrade of our main street.
Finally, €750,000 has been allocated in order to commence the redevelopment of Stephens Street Car Park in Sligo town.
This is a good day in the history in Sligo and with these projects commencing to development stage we can look forward to a new positive chapter for our town.