€2bn Redevelopment Takes Step Forward Posted on: January 11th, 2020 Proposals for a major new urban quarter in Limerick have taken a step forward – with the key stakeholders signing a memorandum of understanding for the strategic city centre regeneration. [emaillocker id=”71749″] Thousands of homes are planned at the 50-hectare brownfield site – alongside working and leisure spaces. Those involved in the scheme include: CIÉ, the Land Development Agency, the HSE and Limerick City and County Council – who’re set to speak about this scheme at the Ireland Development Conference. It is anticipated by the parties backing it that location, at Limerick’s main regional and intercity transport hub, will allow for a largely car-free mixed use and transit-oriented development, key to fostering cohesion and sustainable living in this new local community. The Land Development Agency (LDA), set up by the Government in 2018, will provide funding for preparatory work. A design review, to be led by David Browne, the president of the Royal Institute of the Architects of Ireland, will start within weeks. Plans for significant public input and consultation on the project will also commence shortly. This memorandum of understanding will “outline the key steps and actions of the signatories for the creation of a new urban neighbourhood in the heart of Limerick City, and a comprehensive implementation and delivery strategy,” according to the LDA. It will be a precursor to a statutory best-practice masterplan, and the design process will establish a panel of experienced practitioners of architecture, urban planning, and development. Click here to register for the Ireland Development Plans Event > [/emaillocker]