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Displaying items by tag: Limerick Docklands

#ShannonEstuary - Plans to transform 75 acres of Limerick docklands estate writes The Irish Times, into an economic hub will create more than 1,000 jobs and involve a minimum of €100 million of development, organisers have said.

The Shannon Foynes Port Company (SFPC) published on Friday its Limerick Docklands Framework Strategy (click Video) designed to transform the area just off Limerick city centre.

The assets earmarked for development include disused buildings and greenfield land banks that are surplus to the operational needs of the thriving Ted Russell Docks.

“The docks have been and will remain the core SFPC commercial activity at the Limerick docklands estate, which extends 2.15km along the river Shannon waterfront,” said the company.

“However, the strategy is the first time that non-core assets will be explored for their commercial potential in a programme that will attract significant inward investment and potentially in excess of 1,000 jobs.”

The company said the programme could involve a minimum of €100 million of development, potentially delivering 75,000sq m of new and existing buildings at the Ted Russell Docks, Corcanree Business Park and other sites off the Dock Road.

The company has already had discussions with a number of potential partners on individual projects within the wider scheme with a view to enabling works to begin on initial projects next year.

For more on the major redevelopment click here.

Published in Shannon Estuary

Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.

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