The developer of the multi-million Waterford City project has been announced.
Earlier today, Government approved a €170.6m investment in the long awaited North Quays Project.
€100.6m in Urban Regeneration and Development Fund investment and €70m in National Transport Authority funding to open up access to Strategic Development Zone.
The project will be the biggest single development project in the history of the city.
It will include a 15-storey hotel and conference centre, twin blocks of office space and 300 apartments.
Mayor of Waterford City and County, Cllr. John O’Leary said, “The North Quays will not only be a game changer for Waterford’s future economic development, but the benefits will also permeate the region’s environmental, tourism and cultural sectors.”
The project will create a sustainable modern mixed-use development that will harness and extend Waterford’s city centre, whilst reinstating the primacy of the river by creating a compact and vibrant core centred on the River Suir.
A revised vision for the North Quays has been created by the newly appointed SDZ developer, Harcourt Developments.
Harcourt Developments is a Dublin-based property development and management company with a broad portfolio of award-winning projects.
The company develops residential and commercial projects and has developed and operated and tourism & leisure projects. It has had real estate interests in thirteen different countries.
Harcourt Developments named as preferred bidder for development of North Quays #WATERFORD . Amongst the projects developed by this group include The Titanic Quarter Belfast, Stanley Dock Liverpool and Parkwest Dublin. Planning application expected in Q1 of 2023. pic.twitter.com/ciMh9Chqh9
— Damien Geoghegan (@damiengeoghegan) November 9, 2022
Harcourt’s portfolio boasts Belfast’s Titanic Quarter, Northern Ireland’s most important regeneration project.
Harcourt Developments Shopping Centres include Galway Shopping Centre, Donaghmede Shopping Centre in Dublin, Letterkenny Shopping Centre, Laois Shopping Centre, Limerick’s Parkway Shopping Centre and the Longwalk Shopping Centre in Dundalk.
The direct benefit to Waterford of the investment in the SDZ Site is anticipated to be in excess of €350m over the next six years, with 200 people employed during construction and between 1,200 and 1,500 people employed in phase one of the development from 2025.
