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The regeneration strategy for Templeshannon in Enniscorthy will be dependent on a successful negotiated tender after the open tender process failed to attract any interest from consultant firms.
The multi-million euro project will be developed in three stages and the current tender process was with regard to a preliminary design for the area, which will also incorporate a new pedestrian footbridge over the Slaney.
However, at last week s meeting of Wexford County Council the members were told that no submissions were received for the strategy as a result of the open tender process.
In the wake of that meeting, Chief Executive Officer of Wexford County Council Tom Enright spoke about the issue and what it means for the project in the long term.
“To do that, we have to reach a certain scale of business. Plainsview Credit Union has just over $300 million in assets. Cornerstone are just over a billion, Horizon are $200 million. Combined the three credit unions will have assets of almost 1.7 billion,” he added. Ryan went on to say: “This gives us a bit of a scale to create that efficiency that will allow us to invest in more technology and products to provide the services that our members want and in the ways that they want it. The effects of COVID-19, with branches operating from behind closed doors, highlights that situation even more. The credit union needs to assist members who want to (and need to) do their business and transactions digitally, online. The bigger credit union is investing in a new online platform that will make these services more up-to-date and relevant to our members. It is planned that Cornerstone will be on the new platform in the first quarter of 2021.”