CIE prepare â‚¬750m Galway city blueprint
A MAJOR city centre retail scheme is planned for the 14 acre CIE Ceannt Station site at Eyre Square, Galway.
The scheme - which will be worth in excess of â‚¬750m - will also provide a new bus and rail facility to cater for planned transport improvement.
CIE has launched a competition for world class architects to lead the project.
The transport company will work closely with the City Council in order to prepare a master plan for the site in advance of making a full planning application in the early part of next year.
The project promises to provide major retailers with an unmatched opportunity to locate in the heart of Galway city centre where scarce shopping space has commanded premium prices in recent years.
IarnrÃ³d Ã‰ireann and Bus Ã‰ireann will use the development as an opportunity to enhance their facilities, including waiting areas and platform capacity, to cater for planned growth in services.
Dr John Lynch, chairman of CIE, commented: "The development of transport interchange and improved infrastructure will be a key element of this scheme.
"Bus Ã‰ireann and IarnrÃ³d Ã‰ireann are delighted with the opportunity that the development presents."
The site has the capacity to accommodate a major retail scheme of in excess of 50,000 sq m, making this one of the most important retail magnets in the West of Ireland. The scheme will thus further underpin the importance of Galway city as a retail location and provide an important jobs boost for the area.
It is expected that 2,000 jobs could be created as a result of such a scheme.
In the Galway context, Ceannt Station certainly represents an unrivalled location for additional retail floor space and a mixed use retail/residential development. The site also enjoys frontage onto Lough Atallia and the Fair Hill Road.
Direct and immediate links to the existing shopping areas coupled with a transport interchange and new city centre residential present a unique development opportunity.
CIE property manager Niall Grogan says that the station site is zoned for city centre uses in the Galway City Development Plan 2005 - 2011 and provides for a plot ratio of 2:1 or greater.
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