The town is set to apply for its share of a €2 billion urban regeneration fund under the Ireland 2040 plan.
It’s the only town in Tipperary that can do so – as it’s the only one in the county with a population of more than 10,000.
The fund aims for more coordinated planning for future generations by re-imagining the poorly utilised areas in the centres of cities and larger towns.
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Councillor Michael Murphy says Clonmel is at an advantage because it has a number of large scale projects in the pipeline.