Commercial Development

Consultants fees double to €8m at long-delayed Waterford quays redevelopment

The project, which is intended to rejuvenate a key part of the city, has a deficit of €11.5m

Waterford city at sunrise. Picture:

The spend on consultants fees have almost doubled to more than €8 million at the Waterford quays redevelopment project.

A local auditor report for Waterford City and County Council found €32 million has been spent so far on the project, which has a deficit of more than €11 million.

The project is expected to be one of the largest urban regeneration developments in the country, with over 100 apartments to be built, as well as ...