Limerick City and County council has announced a €400 million development proposal for three major sites across Limerick City.
400 new jobs will be created over the next three to five years when operational, including 200 during construction.
The Joint Venture Whitebox and Clúidwere successful in their application based on the ambition, viability and both economic and social dividend to the areas for the plans submitted for Thomondgate, Hyde Road Park (site behind Bourke Avenue) and Coonagh.
Speaking about the development, Limerick City and County Mayor, Cllr. Michael Collins said: “This is a truly remarkable development proposal for Limerick with three key sites for development to be delivered in parallel in the next 3 -5 years.
“Once again as a local authority, we have demonstrated ambition and courage in taking on transformational projects that will improve the quality of life for all our citizens. I know officials have been working very hard in the background to take us to the point of this announcement today.
“This is a very proud day for Limerick, and I look forward to seeing what further opportunities this announcement will bring.”
The Coonagh site, still in its preliminary stages, includes a proposed University of Pittsburgh Medical Center (UPMC) facility comprising a 150-Bed and 40-day bed hospital, a medical training and research centre, an eco-park, playground, crèche, and coffee shop. It also features 108 new 1-4 bed affordable and social housing units.
The Thomondgate site proposal comprises 63 new housing units, which will be a mix of affordable, social, and private one, two and three bed homes and the Speakers Corner on the Hyde Road Park site comprises 36 one and two bed units which will be a mix of affordable, social, and private housing.
Cathaoirleach of the Metropolitan District of Limerick, Cllr Sarah Kiely, said: “These new 36 units will be a mix of affordable, social and private housing and will help alleviate the pressure on the search for housing for single people and couples having a well-equipped home in a superb location with good transport links and a few minutes’ walk into the city.”
It is anticipated that the sites will be developed over next three to five years with the planning process set to commence in quarter 2 of 2021.