Taoiseach Micheál Martin has welcomed the progress on a new Cork Events Centre, with funding arrangements now completed by Cork City Council and construction due to begin later this year.
The government was today updated on plans for the flagship project on the site of the former Beamish & Crawford brewery, as well as significant regeneration of the entire Grand Parade Quarter.
An additional €7m of government funding has been approved to meet the cost of construction delays caused by the COVID-19 pandemic.
Following Cabinet, the Taoiseach said:
"The progress made by Cork City Council and all involved on this flagship project is very welcome.
"This project is potentially of major benefit to the city and entire region, complemented by the additional development of the Grand Parade Quarter through €46m funding under the Urban Regeneration and Development Fund.
"The Grand Parade and entire medieval quarter is set for a significant renaissance and regeneration, creating a compelling and vibrant cultural heart of the city, and a catalyst for further economic growth.
"Once completed, the Cork Events Centre and Grand Parade Quarter will be a public space that the entire city and country can be proud of."
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