Tánaiste Confirms Drafting Of Fresh Financial Proposal In A Bid To Progress The Events Centre
Cork's Simon Coveney says the new proposal includes an increased contribution from government
The proposal also, crucially sees an increased contribution from developers BAM and the proposed operators of the venue, Live Nation.
It's understood that the proposals are now with the respective parties and decisions are imminent.
The sod was turned on the project this day two years ago however following a detailed internal redesign additional state funding was requested which has cast doubt on the future of the highly anticipated venue.
However speaking to RedFM News Minister Coveney says that all the stakeholders are committed to the project and a new deal has been hammered out to move the project on:
More from Cork
The Ireland 2040 Plan Has The Potential To Create Thousands Of Construction Jobs In Cork
That's according to the Construction Industry Federation, who are welcoming the investment and commitment to projects in the city and county.
Heavy Investment In Public Transport, Particularly Buses, Will Be Seen In The Coming Years In Cork
That's according to Tanáiste Simon Coveney who was speaking after the unveiling of the National Planning Framework last week.
Cork County Council Are Inundated By Complaints Of Noise Pollution
Residents across Cork have complained of sleep deprivation, stress and mental health issues caused by the problem.
643 Patients Are On Trolleys In Hospitals Across The Country Today
According to the INMO, the worst affected is Cork University Hospital where 59 patients are waiting for beds.
The Taoiseach Will Meet Sinn Féin Leader Mary Lou McDonald Today
The meeting follows the collapse of power-sharing talks in the North last week.
Cork Will Be Ready For Infrastructural Projects That Are In The Pipeline For The City And County
That's according to Tanáiste Simon Coveney who was grilled in the city centre this morning about some of the measures announced in the National Planning Framework.