Re: Re: well what about the developments popping up in the shannonside ?
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Thumbs up for Opera Centre (Limerick Post)
by John O’Shaughnessy 08/02/07
THE investors behind the proposed Opera Shopping Centre in Patrick Street/Rutland Street, are poised to announce they are ready to go ahead with their multi million euro project, according to well placed business sources in the city.
An official announcement is expected towards the end of February.
As exclusively reported in the Limerick Post recently, the advent of the Opera Centre could also mean a major revamp of the successful Arthurâ€™s Quay Centre and other properties in downtown Limerick.
A prominent Limerick businessman told the Post that Regeneration Developments have given very careful consideration to the planning regulations imposed on them, â€and I can tell you that there is very positive news on the way â€.
It had been hoped to commence work last year but that was delayed because of planning objections, which went all the way to An Bord Pleanala.
Limerick City Council had earlier granted planning permission for the centre.
A number of retailers in Patrick Street/Rutland Street who have agreed to sell their properties to make way for the development, have had to endure an anxious few months awaiting a final decision from the developers. In most instances, signed contracts were conditional on planning approval been granted.
The Opera Centre is expected to employ upwards of 1,000 people, and will cost an estimated 250 million euro. It will be one of the largest of its kind in the country.