N4S1PicADemolition work is underway at the site of the old Waterford Crystal factory on the Cork Road.
The old factory and office buildings have been bought by Noel Frisby who is turning the site into a new business and technology park called ‘Crystal’ according to the signage and is on a substantial acreage of over 37 acres.
The plan is for purposely built units also.
The intention is to bring new companies to the Waterford site.
The IDA has complained in the past about lack of modern facilities and there is a plan to invest in the site following demolition work.
The offices where the Waterford had its administration unit are of good quality and could suit a modern IT company.
In the meantime people will look back nostalgically as the diggers remove rubble on what had been previously a hive of industrial activity during the hey day of  Waterford glass production.
The building had been controlled by the receiver who was appointed over three and a half years ago.
It had been on the market for a considerable period, after the receiver had been put in there by Bank of America.
A certain amount of vandalism had taken place and some materials had also been removed prior to the property sale.