mike65 wrote: » Stephen Street? You are refering to the one intended to be based around New Street I'd say. Was that man for or against it? and why is it dead in the water? Cos high profile retailers have fled to the suburbs or cos we are in a recession?
Finnbar01 wrote: » Hi folks, just heard on WLR that the Stepehen street shopping complex is more or less dead in the water. IMO If it had gone ahead we would now probably be dealing with a half completed white elephant.So, was Mr greenie right in a funny sort of way? BTW, does anyone know what's happened to the shopping complex in ferrybank?
Finnbar01 wrote: » Hi folks, just heard on WLR that the Stepehen street shopping complex is more or less dead in the water. IMO If it had gone ahead we would now probably be dealing with a half completed white elephant. So, was Mr greenie right in a funny sort of way? BTW, does anyone know what's happened to the shopping complex in ferrybank?
merlante wrote: » Rubbish, the McDonagh centre was built in Kilkenny and is still going. The Newgate centre would have done at least as well. Would have drawn shoppers from miles away. Would have been game changing for Waterford. A quick look at what is available in Galway and Limerick for similar catchments indicates that Waterford can support a significantly larger retail provision. Sooner or later, some kind of shopping centre will be built there. Thanks to McCann et al, it will now be about a decade behind schedule. The Ferrybank centre, for its size, was however a white elephant. Pity the Newgate isin't built already. It would change people's perceptions of Waterford completely. Judging by some of the comments on here, even Waterford people don't believe in the place.
Finnbar01 wrote: » Well for a start they may drop the houses/apartments and luxury hotel as we obviously have no need for them.
Finnbar01 wrote: » So, was Mr greenie right in a funny sort of way?
Bards wrote: » I doubt that somehow - with all the tourist iniatitives that the CIty council are currently pursuing, not to mention the revamped Waterford Crystal Visitor Centre, I would say we will need more hotels not less
dayshah wrote: » Yes The reason we had a serial objector is because we had serial crap development proposal makers. Even the people here in favour of Newgate seem to realise that the "luxury 4*" mug ugly hotel and luxury tenements were a bad idea. A new shopping centre would be nice, but the proposed development was a symbol of developers delusions of grandeur.
merlante wrote: » Yes, it would have been a total disaster if a luxury hotel had have been built... better to nurture decay and decrepitude in the heart of our city, by leaving the site as a kind of a post apocalyptic return to nature breeding ground for rats and feral cats and foxes. Pity they didn't leave them abattoirs and rotting warehouses down by O'Connell st., sure them foreigners will turn it into a slum boy. "Everyone knows" we don't need apartments...
Yes Boss wrote: » We currently don't have what you would call a luxury hotel, so one would definitely be welcome.
Finnbar01 wrote: » We do. Faithlegg, Waterford Castle and The Fitzwilton are four star hotels, also we have quite a good few 3 start hotels as well. Here's another hotel gone to the wall:http://www.irishtimes.com/newspaper/breaking/2010/0706/breaking54.html
Yes Boss wrote: » None of which I would associate with 'Luxury'!
Finnbar01 wrote: » You're kidding me right? :rolleyes:
Finnbar01 wrote: » I'm not sure if this is true in this case but a lot of hotels were built because of tax incentives and tax breaks on the initial investment. That's why we have an oversupply of hotels around the country.http://www.rte.ie/news/2009/1111/hotels.html As for houses and apartments, there's an oversupply there of 345,000http://dt106ers.com/blog/2010/03/345000-homes-vacant-says-ditucd-report/ If that newgate centre had to go ahead, we would be looking at a half built white elephant.http://www.irishtimes.com/newspaper/commercialproperty/2009/1028/1224257547030.html
Finnbar01 wrote: » Hi folks, just heard on WLR that the Stepehen street shopping complex is more or less dead in the water.
merlante wrote: » So what kind of oversupply do we have of barren wasteland in prime urban areas I wonder? How much barren wasteland do we have off O'Connell st. in Dublin, or Patrick st. in Cork? Lets see. 0% barren wasteland. So if the competition is between a luxury hotel that nobody ever spends a single night in, or barren wasteland, what do you think would be better? If somebody wants to flush their cash down the toilet turning barren wasteland, just off the main thoroughfare of the city, into a luxury hotel, is that so very wrong? Now I don't think that the tax payer should buy it off them via NAMA, but that's another joke entirely. Also, just to bring a bit of reality to the argument, you do realise that the vast, vast majority of the oversupply of everything was in Dublin and the Dublin commuter belt and certainly NOT in Waterford? Waterford experienced minimal development in the boom in comparison.
Finnbar01 wrote: » So your saying that we should build the luxurious hotel even if no one actually spends a night in it? So the hotel would close down and turn into something like the Ard rí? That makes so sense whatsoever. We also do have our ghost estates.http://www.munster-express.ie/local-news/city-has-6-%E2%80%98ghost-estates%E2%80%99/
dayshah wrote: » frictus, did you look at the plans?
dayshah wrote: » The retail was barely even half the project. It was full of pipe dreams. The objectors weren't against a development there. They just wanted one that was realistic. If only places like Longford had a Brendan McCann they would be in a far better position.
dayshah wrote: » If it had gone ahead, instead of concealed wasteland we would have another Ard Rí type fiasco right in the city centre. As though the Old Stand wasn't bad enough.
dayshah wrote: » If McCann runs as an independent I'd vote for him. He doesn't go for what he thinks is popular, he goes for what is right. And a smear campaign has been waged against him by developers.
merlante wrote: » What I am saying is, if some guy wants to build a hotel because he thinks he can make money at some point in a derelict, barren wasteland, I am not going to stand in his way. Even if it was a total failure, it would take years of decay before the site would get to the stage where a barren wasteland would be preferable. What happened with the Ard Ri was an extreme case, because it is so difficult to secure the building in its isolated position. Derelict sites, like the De La Salle centre, in the centre of the city, have been much easier to secure and monitor -- being just a few minutes from the city centre and the main Garda station. The De La Salle centre, incidentally, is just one of the eye sores that the Newgate project would take off our hands. Surely to god, it would be better to take a punt on a new development rather than having the attitude, "sure the new development will probably fail anyway and end up exactly the same as the de la salle centre so why do anything?" I'm not sure there would be any cities at all if people had that attitude. Waterford city itself has only a small number of ghost estates that will be mopped up over the next few years. Ghost estates are a real problem in the commuter belt counties where there are estates that will literally never be occupied.