It’s known as the Ard RÃ now, part of McEniff/Tyrconnell Group.
I’m not from Waterford but recently heard there is a huge on going spat between Waterford CC and Killkenny CC over the land on that side of the river. This spat has really hindered a proper planned and integrated growth of the city. The ring road is an apparent example of the problem taking years to complete!
Again I stress this is all hear say and someone from Waterford will no doubt have more concise details.