Re: Re: well what about the developments popping up in the shannonside ?

Home Forums Ireland well what about the developments popping up in the shannonside ? Re: Re: well what about the developments popping up in the shannonside ?

#754637
Griff
Participant

From the current CIS report….

CO. LIMERICK – GRANTED
SHOPPING CENTRE, ‘THE OPERA CENTRE’, (BOGUES YARD) ELLEN STREET/PATRICK STREET, BANK PLACE, MICHAEL STREET, LIMERICK

Work is expected to commence in spring/summer 2008 on the €250 million ‘The Opera Centre’ shopping centre complex in Co. Limerick.

Planning permission was granted for the construction of a four-storey development with a gross floor area of 27,870 sq.m. and will be located on a 3.24 ha. site at (Bogues Yard) Ellen Street/Patrick Street, Bank Place and Michael Street in Limerick. Upon completion, the development will be one of the largest city-centre shopping complexes in the country.

Work is expected to take in the region of 18 months to complete. It has yet to be decided how a Main Contractor will be appointed.

According to recent newspaper reports the new consortium may be likely to go back to the planning department for a further expansion of the proposed development. The newspaper also reports that the project will create 1,200 jobs on completion. Mr. Jerry O’Reilly, the owner of The Granary and Cahill May Roberts in Limerick is understood to be one of the developers in the new consortium.

According to recent newspaper reports this development is attracting attention from Brown Thomas and House of Fraser to take space at the development when completed as Anchor Tenant.

Site area: 3.24 ha.
Floor area: 27870 sq.m. Storeys: 4
Contract: 18 Months Value: €250 Million
Start
Spring/Summer 2008 End
Late 2009/Early 2010

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