NUI Galway is developing a plan to invest €200 million in redeveloping Nuns’ Island in the city centre.
The university has launched a public consultation on redevelopment plans for Nuns’ Island to get public input to inform their direction.
Galway city council is working with the university to develop a master plan for the city centre site to create a new cultural and residential quarter in the dilapidated industrial district.
The Irish Times reports that though funding has not yet been locked down for the project, the university expects that it will include backing from the State, private investors, and the university’s own funds.
The Government’s Urban Regeneration and Development Fund has already indicated its support for this massive project.
President of NUI Galway Ciarán Ó hÓgartaigh said the university was delighted with this show of support for a “vision that this part of our city has the potential to generate a range of community, economic, social, environmental and educational benefits.”
The redevelopment of Nuns’ Island will be a flagship project of Prof Ó hÓgartaigh’s ten year presidency of NUI Galway.
With 15 acres of space right in the heart of the city including a dilapidated distillery, Nuns’ Island is an amazing opportunity to provide new spaces for the use of the community.
Chief Executive of Galway city council Brendan McGrath said they wanted to best explore opportunities for “education, culture, heritage, business and the residential community to improve and develop the local area.”