Work is to begin immediately on the redevelopment of the Old Canal Stores in Abbeyshrule into a rural working hub.
Longford County Council have confirmed that contracts have been signed with local building firm Doyle Construction.
The Yard Hub will offer individual offices and co-working spaces, there will also be a purpose-built unit for Abbeyshrule Canoe Club.
It's hoped that the new hub will allow people to work locally rather than face long commutes.
Local Fianna Fail Councillor Mick Cahill has welcomed the progress; he says the investment of €800,000 in the hub will have many benefits.