Re: Re: well what about the developments popping up in the shannonside ?
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Interesting, are there soon to be four private hospitals in the Limerick region? And this development, along with the Dublin Road Bypass entering the dual carriageway between the city and Bunratty should see this entire area transformed over the next 10 years.
Land near Bunratty Castle reported to attract record bid of €25m
By Jimmy Woulfe, Mid-West Correspondent
A RECORD bid for agricultural land has been reported in Co Clare.
Negotiations are at an advanced stage for the sale of 116 acres near Bunratty Castle for a sum believed to be in the region of €25 million.
The land is owned by local businessman Pat Maloney. He is negotiating with Tony McMahon, a well-known figure in the construction industry.
Mr McMahon is part of group of Clare businessmen who plan to seek planning permission to build an exclusive private clinic on the 116-acre site located by Bunratty on the Sixmilebridge Road.
Mr Maloney confirmed yesterday that negotiations were nearing completion. He said: “We should complete a deal in the next week.”
He confirmed that the land is agricultural and not yet zoned for development.
Mr Maloney would not discuss what kind of price was being offered for his land, but a well-placed source said a sum in the region of €25m has been offered for the land and that Mr Maloney has agreed to sell at that price.
Two other private clinics are planned for the mid-west area.
Construction work has commenced on the Limerick Private Hospital on a site at Corcanree on the Mungret Road. Property developer Shay Sweeney is investing some €100m in this hospital, due to open by December 2007.
Another clinic is planned for a 35-acre site at the Adare Manor.