Selling sand to the Arabs!

The good news, gossip and social media diatribe about the significant €300 million property investment, by the Al Hokair group from Saudi Arabia, started to trickle through various media channels early last week. By Tuesday morning the local and some national media sources (not unsurprisingly in limited column inches!) sources began reporting about this “Game changer” for Waterford City, County and the wider South East region.

Behind the heavily fortified closed doors of City Hall, our 32 Councillors were given first sight of this far eastern promise, by the Council CEO Michael Walsh. Refreshment must have been provided for this late evening session, which had all the potential to drive the City out of Division One and straight back into the Premier League. No need for any more relegation battles. Surely this €300 million, in one fell swoop, would regain our position as the fourth City of Ireland?

Our 32 Councillors unanimously passed a motion, allowing the CEO to engage further with the Al Hokair group, on behalf of the City and County.

As an aside, I read one or two funny remarks on social media, asking if “All” the Councillors had backed the plan, after many a post stating the word “Unanimously”! There were also some very strange comments, completely off topic and you often have to wonder if people are actually reading the same posts?

The devil is always in the detail, with any contractual negotiation. I have no doubt that the shrewd, wealthy business people of Saudi have ALL their ducks lined up and know that a proposal, for a multi-million Euro investment into Waterford City, would be grasped with both hands and feet, for that matter. This is one gift horse, whose teeth do not have to be inspected, or do they?

Waterford City has to be seen as a prime location for investment for all manner of reasons. The main one being, that the price of land and property is just so much cheaper than any other City. Just look at RTE selling circa 9 acres of land, in D4, with a guide price of €75 million. The likely outcome is that these few golden acres will realise much, much more than the €75 million guide, as property prices are once again ballooning in all corners of the Capital (Let’s hope we don’t see another prick bursting said balloon!). The North Quays and Michael Street are a mere fraction of this price, so why would you look elsewhere?

In addition to the cost of land being very “Cheap” in Waterford, the relatively low cost of housing also reflects the current economic climate. Yes, we do get so much more for our money down here on the South East coast and this has to be a significant attractor, when tempting the likes of 1,221,887,632 Saudi Riyals to Waterford.

Let us face facts. Property developers invest in projects to make substantial sums of money and Al Hokair will be investing in Waterford, because they see a future return on their million Euro investment. The potential has always been there. It is just that we have not been able to persuade someone to speculate to this level before in Waterford.

What is for sure, is that this investment will make others aware that Waterford and the wider South East region have REAL potential.

 

As Dublin smothers in increasing housing and rental costs, regions such as Waterford, must be an attractive alternative option. Appropriate infrastructural investment, by Government, needs to be accelerated. It was great to see Minister Coveney, down here pedalling his bike on the Greenway. However, he needs to guarantee and deliver money for this City, to ensure that we are a viable alternative to Dublin, Cork, Limerick and Galway. Governments’ record on this is not great for Waterford, so we will need to keep the pressure on, to make sure they finally deliver.

“Selling sand to the Arabs”, was a phrase often trumpeted to me when I worked at Wembley Arena. The venue was the MUST play indoor arena for any musical act.

Wouldn’t it be great if in the next few years Waterford became such an easy sell?

All I want for Christmas!

If you have not written your Santa letter by now, you will be no doubt be waking up, on the morning of Sunday 25^th December, with the very real possibility that the bundle of presents under the tree are either not appropriate or are completely useless for you. That is of course assuming that you have been good during 2016. You therefore have been omitted from the naughty list and are due a visit from Santa in the first place.

Assuming that the majority of us are on the nice list, then we will receive some wonderfully thoughtful presents. We will no doubt be filled with the joy that giving presents also brings. We often forget that giving presents and gifts are equally important, if not more important, than the gifts we receive and this is often overlooked during the festive period.

I will no doubt wake up on Sunday morning and after saying “Happy Christmas” to the fairy on top of our tree, who this year is celebrating her 19^th year in the Garland household, hopefully I’ll find the requested pair of socks and maybe one of the more unusual bottles of Scottish malt under the tree.

As we get older the number of presents under the tree, the number of presents secretly hidden in the tree, behind sparkly tinsel and twinkly lights, diminish year by year. Even the number of cards we now post and receive, lessens each year – we are social media carders now! It is not that Christmas becomes less important as we mature, it is just that our family circumstances change, alter and we adapt to that transformation.

So what should we wish for when we look at what Waterford would ask from Santa?

I do hope, that those with the power and influence, to deliver for Waterford in 2017, have posted their letters in time for us not to be disappointed come early Sunday morning. If I had the influence to write and deliver that letter to Santa, here is what I would have asked for – not a very big list.

The Government is telling us the country is on the up and Ministers are stuffing their own constituency stockings with this extra cash. I would ask for €10 million to invest in UHW’s cardiology unit. Only circa €2.5 million needed to build the unit and circa €7.5 million to staff the unit for the next two to three years. Once it is up and running, the lives it will save, will justify all running costs.

Another €20 million to finally deliver and create a University for Waterford and the South East, including all the bells and whistles needed to attract students and increased research funding. Not a fudged, pressure delivered, hotchpotch multi-campus minestrone soup of an organisation, as being proposed by those in power. But a REAL University based and administered in Waterford City, which would clearly benefit the whole of the South East.

€25 million to develop our SDZ North Quay and Port, to drive a whole new tourism market for Waterford and the South East. If we could develop these two vital pieces of the City’s infrastructure, we could place Waterford City at the very heart of the “Ireland’s Ancient East” tourism project. Making Waterford City the 3-4 night destination stopover, which would be the anchor for exploring the whole of the South East.

Only €55 million and none of it would be in loans. This would go an awfully long way to redress the lack of focused investment in Waterford and the South East. We are at the moment seeing our hospital, our infrastructure and our third level education establishment, being ever so slowly dismantled and methodically stripped. If we are not careful these three essential pieces of infrastructure will disappear for good.

 

If we do not have strong political and public representation, fighting for every Euro of the Government investment pie, we will remain the City which always receives a present, that has been given to us as an afterthought.

Happy Christmas, hope you have been good! Happy St.Andrew’s Day as well. 

Just where is OUR money???

We have heard many a local radio news snippet, over recent months and read countless column inches in our local newspapers, about the millions of Euros promised for Waterford’s infrastructural projects. These projects were to be “game changers” that would bring some parity to the complete lack of “regional investment” over countless numbers of years.

Yet, we are now, how many weeks on, from the last General Election and can anyone honestly says we have received a €1 towards these so called “game changers”? So many political representatives indicated that these would bankroll Waterford’s economic future.

The North Quay, where work seems to have literally ground to a halt. Due, I am sure, to engineering concerns around weight loadings on the old, frail and fragile “piles” that are precariously holding up the hundreds of tons of rubble. This whole area has been designated as a Strategic Development Zone (SDZ), which is good news and I recall that €30 million had been promised and earmarked, by FG, to develop the site and link it directly to the City Centre. That was over 16 months ago!

Has any of this money actually been drawn down, excuse the banking terminology and allocated to Waterford Council to start this much needed regeneration process? I don’t recall hearing or seeing any big media fanfare announcing that the “cash” had been lodged into the Council coffers. Therefore I have to assume that NO money has yet been received for the SDZ to start and ultimately flourish.

This same sad story can be repeated at the Airport. We were promised many Euros to develop that runway, allowing larger jets access to Waterford and the 500,000 people of South East region. But, once again, not one cent of this appears to have come our way. In fact we are now being told that money is available for everything else, but the essential runway extension!

In the meantime, the people of the South East are discovering that Dublin is now much, much closer and easier to reach. The M9 has not a traffic light in sight and with the Newlands Cross flyover, the journey time to Dublin is more than manageable and predictable. The east coast N11/M11 route from Wexford is also to a large extent quicker than days of old and when the New Ross second bridge comes on stream, we will have a choice of two very fast direct routes to Dublin.

I also imagine that the business case for a consistent, less than two hour drive from Dublin to Waterford, is now working against us. Many FDI investors have far longer commute times to work! So the case for a regional airport in the south east diminishes even further. This assumption seems to carry some weight when we review the fact that only circa 6 FDI visits have taken place in Waterford this year! We seem once again to be on the road to becoming a less attractive alternative to many other cities and regions.

There is the ongoing debacle around UHW – no need to regurgitate the shambolic mess that some have created here.

So, these three are examples of promises that have not materialised. Money that had been “earmarked” for Waterford and yet none, nil, nada, zilch, seems to have been paid to us, to start our economic recovery and get our City and region booming once again!

On foot of the non-delivery of these funds, we are hearing far too many of our political representatives scoring points against each other. Rather than working out just where this alternative money might come from, they spin the “if we were in Government line”.

Why do other political regions deliver actual real infrastructure investment? Surely, all politicians have the same access to identical Civil Servants, who might just be able to point them in the right direction, explaining how to loosen the purse strings.

We are systematically being downgraded and this will continue unless we see the promised Euros coming our way to stem the tide.

Sadly, we appear to have too many King Cnuts (more commonly know as Canute).

Purple Flag will restore some balance to City spend.

As a wee boy growing up in Glenrothes, in central Scotland, our family lived on an estate that was designed as part of a number “New Towns” built to house the overspill of the redevelopment of Glasgow’s infamous tenements.

These new town planners had designed self sufficient housing estates that contained the entire infrastructure needed for modern family living in 1960’s Scotland. This included compact modern housing, a “village green” type grassed play space, secure garage lockups for your modern car, local shops, primary schools, a post office, lots of open space and one of my most enduring memory’s was a state of the art playground with new shiny brightly painted playground equipment that was in my mind the best in the world.

The playground that serviced Cromarty Court was on the way to my school, Rimbleton Primary, and was the most wonderful of places to start an adventure from. Included in this playground was one huge monolithic slide (or "shoot" as we called this in Scotland) that was in my eyes simply the highest structure I would ever have to climb, a series of three swings, the essential (yet lethal) brightly painted steel and wooden roundabout, but the most impressive of all these items was the yellow and blue seesaw that sat at the very heart of the playground. This to me was the best of the best of all the things to play on and partly due to the fact that a fall from the top of the shoot one sunny day put me off this once favourite play structure.

One of my many memories of playing on the seesaw was of course seeing just how many of your friends you could get standing on this balance beam on what would today be seen as a health and safety on no. Unfortunately, the once common seesaw has been replaced by those wobbly and springy ducks, hens and elephant contraptions that break ALL your teeth or give you children whiplash.

One abiding memory that will stick with me forever would be when one of my, shall I saw heavier playmates, would sit at one end of the seesaw and I would be left dangling one hundred feet in the air helplessly bumping up and down on the seat to try and bring my end of the seesaw back down to terra firma. On the odd occasion, when I would be feeling brave, I would push myself over the brightly painted safety handle and edge inch by inch towards the central pivot point and through the powers of some mystic magic seesaw fairy I would somehow make myself heavier thus levelling out the weight distribution and bringing the seesaw back down to ground. I would later learn in Physics classes, at Bell Baxter secondary school, that at five years old I was in fact implementing one of Newton’s many laws, which to this day I still do not understand and so I will be sticking to my fairy theory.

It was this memory that sprung to mind in early December when I was in the City Centre and several businesses from the George’s Street, Gladstone Street and O’Connell Street area of the City stopped me and asked why there were no additional Christmas lights etc in these areas when compared to Christmas of 2013. I believed that the reason is due to the fact that the ice rink this year had been moved and was set up further down The Quay, towards Rice Bridge, and that this meant there was no additional emphasis on the entrance to Winterval up and through Gladstone Street and along George’s Street. In 2013 there was a greater importance stressed on bringing footfall through the City Centre by directing people up Gladstone Street and along George’s Street and thus in 2013 there were significantly more lights, a number of craft cabins, some food stalls, better signage and even a gigantic blow-up snowman or bear or something on The Quay showing you the way through Winterval.

This year there was very little in the way of Christmas decorations in these areas and many traders and businesses were feeling that they had been forgotten in 2014.

Some traders and businesses had even said to me that there was a clear inconsistency in terms of investment in this area of the City when compared to other areas of the City and this of course has led to many metaphors coming my way.

But the one that seemed to be coming to the fore was the idea of an unbalanced seesaw where one side of the seesaw had seen significant and continued monetary investment at the cost of the other side. Thus there will always be one area of the City looking better than the other and for a City the size of Waterford this is extremely noticeable and sticks out like a sore thumb.

Clearly, there has to be a rebalancing of the seesaw and this cannot be the sole responsibility of the traders and businesses that have chosen to invest, work and trade in this once bustling area of our City. Over the last few weeks we have seen and heard of numerous entrepreneurs investing in property in this part of the City to start that renaissance process. But this would be made much easier if it was felt that there was at the very least some parity in terms of future investment. If we are truly to drive the City forward then we need to encourage more investors into the City and this will be made much easier if the current set of entrepreneurs feel that the seesaw can be balanced.

The proposed Purple Flag for Waterford City will incorporate this area of the City Centre and in fact extend right the way down The Quay towards Rice Bridge. If we are to be successful in marketing the City as a future Purple Flag destination then we need to see an accelerated investment outside of the Viking Triangle area. There are a significant number of commercial rate payers across the City Centre that wish to see not only an increased investment but fairness in terms of balancing that investment. An investment that is ultimately partly paid for in the commercial rates contributions made on an annual basis by the businesses and traders across the whole City Centre.

Through the wonders of Google maps I have discovered that my playground still has the slide and three swings, but sadly the roundabout and my seesaw have been removed – no doubt removed by the mad health and safety world we live in today.