€46 million euro is to be pumped into the Grand Parade Quarter project which will see a complete renewal of the area when it gets underway next year.
The plan which includes the southern gateway to the medieval city will see the Grand Parade connected to a series of historic lanes, streets and Bishop Lucey Park with the south channel of the River Lee and the city centre business core
The works will be funded through the Government's Urban Regeneration and Development Fund established under the Government's Ireland 2040 programme and from Cork City Council's own resources.
Under the plans Bishop Lucey Park is to be completely renewed which will see the park opened up to the wider city centre along with the transformation of South Main Street through the creation of a large scale public space opening up the historic Counting House on the Beamish and Crawford site and creating new walking and cycling opportunities around the area.
Speaking to RedFM News Council Chief Executive Ann Doherty says the plans which will be published tomorrow is a "game changer" for the city: