Clare County Council is to get a €1.75 million from the Department of the Environment for the redevelopment of the market area in Ennis.
According to the Clare Herald, arrangements are being made to draw down the loand.
The detailed design stage for the proposed project is currently being finalised and it will go to tender during the first quarter of 2015.
According to the Mayor of Ennis, it will result in the "long awaited and needed" regeneration of the historic market area and the upgrading of the adjoining streets.
“Ennis has always been an important market town historically. A quality market area is an integral part of any modern town and it is important that its attractiveness is enhanced for the many thousands of locals and tourists who pass through it each week. The development will be particularly beneficial to local food and craft producers such as the Ennis Farmers Market who will be provided with a quality and convenient location to promote their locally sourced and produced goods,” added the Mayor.