A REVAMP of Bishop Lucey Park is one the capital projects that was included in City Hall's application for funds under the government's €2 billion Urban Regeneration and Development Fund.
Local authorities all over Ireland were due to submit their applications for the grants by midday on Friday. The fund represents the biggest ever single development fund made available to local authorities.
It includes €100 million for expenditure in 2019, which is due to be used for shovel-ready projects.
It is understood that Marina Park and several other projects in the docklands area were included in City Hall's application for funds, including potential housing schemes in the vast waterfront area.
City centre amenity Bishop Lucey Park could also be set for a refurbishment if funds are granted under the scheme.
The redevelopment of the park has long been on the council's agenda, with several ideas, such as removing the exterior walls and improving lighting and access, floated previously.
Elected members of the Council say they have yet to see any potential redesigns, though.
Independent councillor Kieran McCarthy is hopeful that some ideas may be shared in the coming weeks.
He said: "Whatever is designed in the park needs to reflect the need for green spaces within the city centre. Many people sit in the park on any given day.
"The encompassing of Christ Church Lane in recent years into the park was, I feel, a good call. The provision of more seats along the line of the old lane was a positive addition. For me the trees of that park are important for air quality purposes but add to the character of the space as well. The park is also a good sun trap. The areas around the old medieval wall, the old Cornmarket gates and the Cork 800 foundation, I feel, have generally been neglected over the years."
Mr McCarthy said that any potential redesign will come under scrutiny from councillors and the general public.
"As elected members, we have not seen any working revamp drawings yet for the park. They are to come before the Recreational and Environment Functional Committee in weeks to come. I have had a number of constituents relating their concerns about the revamp. Many do not want just a concreted over space but are content that investment could be forthcoming to deal with the elements of neglect."