06/01/2003

Omagh nets £9m regeneration package

It has been announced that Omagh town centre is set to benefit from a £9 million regeneration project which was officially launched today.

The project, which will incorporate a new arts centre, commercial floor space, river walkway, environmental improvements and a pedestrian bridge, is being jointly funded by the Department of Social Development (DSD), the Arts Council and Omagh District Council. Work is expected to begin on the project later this month.

A DSD spokesperson said: “Using the riverfront as a central focus, this imaginative project is central to the regeneration of Omagh and the fulfilment of the vision for Omagh 2010.

“Regenerating the riverfront will revive the heart of the town and provide renewed confidence and hope in the future of Omagh. The opening up of previously derelict land on the riverside will enable the town to expand its commercial centre and improve it environmentally, as well as providing a major new arts centre to serve the town and district.

“This £9 million investment in the town centre, together with the redevelopment of the Royal Arms Hotel site as a major new shopping centre and the new Further Education College will mark a new era in the development of Omagh."

The project is being part-funded by the DSD through Executive Programme Funding of £3.1 million with the remaining balance coming from the Arts Council (£4 million) and Omagh District Council (£2 million).

(MB)

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