It follows the confirmation that the first phase of the draw-down for the development will be undertaken in January.
After years of legal red tape, the club’s Stadium Development officer, Patsy Lafferty, said he expects the prject to begin in the coming weeks.
Harps plans to move to the new 6,600 seater stadium has been an uphill struggle for the club after it was first mooted at a shareholders meeting as far back as 2004.
But now it appears the project, which will be located on an adjacent site next to the Finn Valley Centre, is now more of a reality than just a dream.
So far the Government has pledged €1.25 million to the project with local builder Joseph McMenamin being awarded the building contract in 2006.
Mr Lafferty said he was confident that once the first phase of the money is drawn down, then the builders can move in on a full-time basis until such time as the new stadium is completed.