Waterford North Quays

E38E3E38E3EE33 wrote: »

State still committed to funding for Waterford's North Quays

Can't wait for the experts here to explain how this is just another load of waffle.

I don't think people think nothing will happen with the NQ's, I think people made the point that they never believed the Saudi's would be developing the site.

I for one hope Falcon are the ones and we get moving sooner rather than later, as getting another developer creates further delays.

I always said from day one, if we get the infrastructure work done for the NQs and get a really good development in Michael St I'd be happy for now.

Although Michael St seems to have been forgotten about.

I guess we'll know come Monday either way.

SOPHIE THE DOG wrote: »

So - did they sign yesterday?

Doubt it tbh.

jelutong wrote: »

Can anyone put a figure on what the Council have spent on the project up to the present?

€3/4m...? Did they not own the majority of the lands...?

friendlyfun wrote: »

What's going to happen to that man who is getting/got his garage CPO'd by the council. Last time I checked he was taking them to the high court.

He got his money as far as I know. The petrol station?

albert kidd wrote: »

He got his money as far as I know. The petrol station?

Surely the value of the Petrol Station went down because of Covid?

Harry Palmr wrote: »

https://twitter.com/damienwlr/status/1393980198291492865

So Rob Cass stating on wlr that the term sheet was being submitted that evening was horse manure, like we all knew anyway

Roll on the council meeting at 9am tomorrow, should be gripping

Looks like Falcon/Al Hokair have been told to hump it, and have never been able to show that they have funding lined up

Someone has some explaining to do!

Aquos76 wrote: »

Not the case, that’s currently still ongoing as of this morning.

Oh really? I was misinformed so.

This isn't holding anything up though I think right?

Muttley79 wrote: »

https://waterford-news.ie/2021/05/17/council-to-seek-new-developers-for-north-quays/
Our very own Lyle lanley (rob Cass) is some spoofer.you could tell by the way he spoke on wlr he was caught out.blatantly lying that his side will have the contracts signed.waterford is better off without this man.get proper investors in willing to put their money where their mouth is

I more than most gave Rob the benefit of the doubt, which I think he deserved at the time and many were quick to move against him.

Hopefully this is a simple case of Falcon providing the clarifications that the council require for proof of funding, as I do not think another developer will be as easily available as the council think.

But Rob is quickly losing all credibility within Waterford and he will need to come up with the goods ASAP otherwise there will be nothing left to lose, it might even be too late already.

Maybe the council are just playing hard-ball but it does not look good for Falcon or Rob.

In fairness to Rob I don't think the project would have advanced anywhere near as quickly without him and the Saudis, but there's been one too many broken promises now and you can see why the Council have had enough. I'm sure he's hurt by the whole thing, and was probably let down by the Saudis himself.

Don't like to see a pile-on against someone who meant well and has been promoting Waterford around the world, even if they have fallen short at the last hurdle by the looks of it. He's done more than most.

friendlyfun wrote: »

Any chance of a decent shopping centre at least? City square is stuck in the early 90s. That's one thing I'd like to see in Waterford.

Agreed. Think the focus needs to be on Michael St, get the infrastructure done for the NQ's. Michael St has been sitting idle some time now with no infrastructure constraints.

Let's get Michael St done as shopping then look at NQs as business sector

dzilla wrote: »

would somebody be able to explain to me the situation with the Ferrybank shopping center and why it is not open. I kinda missed that whole situation years ago. Is there even an article or link that goes through it?

KK CC approved Planning, WCC appealed, appeal was turned down, building built, bust came, Anchor Tenant refused to move in. Lot abandoned.

dzilla wrote: »

But why now is it still empty if Waterford is crying out for retail units? Is it all down to Dunnes stores moving out ?

Because it goes against the plan for retail for the city. (short version)

dzilla wrote: »

would somebody be able to explain to me the situation with the Ferrybank shopping center and why it is not open. I kinda missed that whole situation years ago. Is there even an article or link that goes through it?

According to this recent article, it has full-time security in operation and regular maintenance is carried out. It acts as security for loans owed according to NAMA.