Tánaiste: Events Centre funding decision before Christmas

Tánaiste: Events Centre funding decision before Christmas
A computer-generated image of BAM's revised plans for an enlarged and more flexible €73m Cork event centre which will be submitted to Cork City Council. The development is earmarked for the former Beamish and Crawford site on the city's South Main St.

THE government is expecting legal clarity allowing for additional state funding for the proposed Cork events centre before the end of next week.

The advice from the Attorney General may allow the government to invest an additional €10 million in exchequer funding in the project, on top of the €20 million already agreed — €12 million nationally and €8 million from Cork City Council.

Tánaiste Simon Coveney told the Evening Echo this morning that the government is expecting the advice before Christmas.

“We will have the legal clarity needed before the Dáil breaks, which is the middle of next week,” he said.

The project, which is to be built and operated by BAM and Live Nation, has been in limbo for several years, with the request for additional funding being made more than a year ago.

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