Kilmacthomas continues to experience a revival, with both public and private development contributing to the village's growth. The Council recently completed a €3.4 million 16-unit social housing scheme below the local GAA field, but further private development shows just how much the village has transformed in recent years.

The Waterford Greenway has been a significant catalyst for this revival, bringing increased tourism and business opportunities to the area. Local businesses have reported substantial growth, with cafes, accommodation providers, and retail outlets all benefiting from the increased footfall.

Community leaders have expressed satisfaction with the balanced approach to development, which has preserved the village's character while enhancing its amenities and services.