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 ?


article from the LImerick Leader. Seems that Limerick city centre is suffering with the new suburban attractions such as cinemas and shopping centres. Surprised to read that there’s no cinema in the city cntre now! Is the city’s reputation mean that suburbanites and people from the hinterland consider the city centre unsafe and too much hassle to find parking etc?

Anyway here’s the article……………………………

City’s facelift gives us
reason to smile

LIMERICK’S skyline has changed dramatically over the past 10 years through renewal encouraged by tax incentives. CLODAGH O’LEARY looks at what this facelift has done to the city

Changing image: cranes dominate the Limerick skyline – Limerick Leader. Irish Newspaper for Limerick and the mid-west of Ireland
Changing image: cranes dominate the Limerick skyline

IN the past 10 years, Limerick has undergone a €1bn facelift. From the skyscraping developments to the greatly improved infrastructure, Limerick has become a truly modern city.

The provision of tax incentives has led to numerous developments on Limerick’s docklands, Howley’s Quay and Harvey’s Quay.

And currently, 10 per cent of the country’s construction output takes place in the Mid-West. In total, about €1.2bn has been spent in developing the city in the last 10 years.

Conor O’Connell, secretary of the Mid-West branch of the Construction Industry Federation said that Limerick had been transformed by the level of investment in the city.

“A huge amount of construction work has been done in the city over the past 10 years, more so than other regional cities, with huge investment by developers and business people,” he said.

“Of all cities in the country, Limerick has benefited most from tax incentives under Section 23 and Section 50,” said Mr O’Connell.

The deadline for the completion of projects under the current tax allowance system is July 2006.

Fionagh Ryan, chairwoman of the Limerick City Business Association said that in order for the city to thrive, investment and development must continue.

“A strong thriving regime would not be possible without new development. As a city we need all of those developments so that we can be on par with Cork and Galway.

“The city must differentiate itself. People have to have civic pride, and businesses will have to keep their premises up to speed. People in Limerick need to use the services in the city,” she said.

Pat Daly of Shannon Development said that Limerick city’s regeneration had become the example for how well the tax allowance scheme had worked.

“The tax incentives were piloted in Limerick in a project between Shannon Development and City Council. In fact, the first project in the country was in The Granary, where Shannon Development’s offices are based. A lot of those projects are based on this model,” he said.

Mr Daly said that the scale of investment had allowed for the city to embrace one of its strong points – the river.

“The level of investment has absolutely changed the streetscape in the city and has brought people back to the city,” he said.

But with the progress, there have been some losses.

The question of whether the city centre is in decline is one which has been hotly debated, particularly with the development of sites at the Parkway, Castletroy, the new Childer’s Road development, as well as the Crescent Shopping Centre.

“Everyone is aware that we need a buck-up in the city centre. We need the plans to be positive for the city. As it is, there is a lot going on here, we have everything from UL to theatre, the city is really changing,” said Ms Ryan.

But Limerick is the only city in Ireland without a cinema in its city centre. The Savoy closed its doors in 2004.

City movie-goers must travel to the Omniplex in Dooradoyle; Storm cinemas in Castletroy will open next weekend.

“We need to improve the cultural aspect more in the city centre, particularly a cinema, but we need developers to come in to the city for that,” she said.

But where will the city go from here?

“To a degree, I would like to see a little more of the same. I would like to see the plans of the Riverside City to complete development onto the Riverside. And the plans being talked about to pedestrianise certain streets in the city centre will bring people back into the city. These are two clear aspects of the city’s core plan for the future,” said Mr Daly.

“In another 10 years, I would like to see the city continuing in a positive light, that people originally from Limerick will want to return to the city like I did. I had been living in Dublin for seven years. The quality of life on this side of the country is much better. There are good reasons to return here,” said Ms Ryan.

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