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

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Docks sale proposal sees angry 😡 exchanges (Irish Examiner)

By Jimmy Woulfe, Mid-West Correspondent

ANGRY exchanges flared at an emergency meeting of the Shannon Foynes Port Committee (SFPC) yesterday over the proposed sale of Limerick docks for commercial development.

The meeting was convened at the request of some board members at the weekend.

The meeting commenced at 9am and went on for most of the day.

SFPC management want to sell 44 acres at Limerick docks for commercial development to help raise €100 million for the upgrading of shipping facilities on the Shannon Estuary.

Company executives want to transfer shipping to Foynes-24 miles down river-and feel Limerick dock is surplus to requirement.

The company last week launched a major publicity drive. This involved an endorsement of the sale of the docks by former president of the University of Limerick, Ed Walsh in advertisements carried in local newspapers and local radio.

SFPC, chief executive, Brian Byrne told the Irish Examiner last week that more than 12 developers had submitted expressions of interest in acquiring property at the docks and these were currently being assessed.

He indicated that it was his intention to have proposals ready for the September meeting of his board.

It is believed that yesterday’s emergency board meeting was called for by some members who are concerned at the speed at which the sale of the docks is being expedited.

What were described as frank exchanges took place during the meeting.

Elected members of Limerick City Council have come out against the sale.

But it is believed that council management favour such a move as a commercially developed docklands would generate very significant rates income.

The mayor of Limerick, Cllr Joe Leddin, is leading the opposition to a sell-off.

In a weekend comment, Mayor Leddin challenged Brian Byrne to say if he had the backing of his board for a sale of the docks.

Following on his statement at least one board member demanded the convening of yesterday’s board meeting.

Mayor Leddin said the docks belonged to the people of Limerick.

He said: “Shannon Foynes Port Company are charged with the responsibility to manage and develop the docks on behalf of the people of Limerick. The development of Limerick dock lands is critical to the city’s continued growth. However, the quick sell-off of prime sites to developers with no agreed area plan in place for the entire dock lands are is premature and reckless.

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