When complete, the scheme will comprise a sustainable mix of 46,900 square metres convenience & comparison retail facilities, leisure, dining destinations and a Waterford Visitor Experience. It will also include a 200-room Four Star Hotel & Conference Centre, 15,000 square metres prime Office space, and 300 riverside apartments, which will be delivered in phases.
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Falcon Real Estate Development Ireland confirmed a 2019 start date while also reasserting its commitment to the project.
The project will make Waterford North Quays one of Ireland's most modern transport hubs, connecting the site locally and nationally with Rail, Bus, Greenway, Pedestrian and Electric Bus with a link-bridge to Waterford city centre across the River Suir.
It is estimated to make a major economic impact in Waterford and the south east of Ireland, with 2,300 full time jobs due to be created during the development along with an additional 4,500 indirect jobs.
Falcon Real Estate is currently focused on the pre-development and planning phases of the eight-hectare site.
The project is expected to be site active during the last quarter of 2019.
(CM/MH)
