Paschal Donohoe (Dublin Central, Fine Gael)

I thank the Minister of State for her response. When the regeneration plan comes from the city council, following the successful granting of planning permission, I hope the Department of the Environment, Community and Local Government will do all it can to respond positively to the regeneration plan. The Minister of State has highlighted the likelihood of commercial interest in the site. It is in an amazing location in the city centre. Given the amount of money the Government has already earmarked for regeneration in the capital, there is potential for the Department to make an amount of money available upon which the city council can build, using its own resources and the funds it will attract from the private sector.

The collapse of this regeneration project was one of the heralds of the end of the period of extraordinary growth through which the economy went. I hope the future funding of the project will herald the return of a better kind of growth. I ask the Minister of State to keep this in mind.

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