The investment plan could save Limerick locals an estimated €2.8 million annually.
Aldi have annouced an exciting investment plan for Limerick that could see the opening of three new stores by 2025. The investment is worth €36.6 million, creating 90 jobs in the area, along with 200 jobs during the building process.
Construction has just begun at the Roches Street site which will be the first Aldi in Limerick’s City centre.
Planning permission has been requested by Aldi for additional stores in Moyross and Dooradoyle, but significant delays are hindering further development.
Both applications are currently being reviewed by An Bord Pleanála and have already been delayed beyond the statutory 18-week period.
Spokesperson from an Bord Pleanála, Eimear Mangan, spoke about the delays saying: “There has been a significant turnover of personnel at Board level in the organisation over recent months.
“This has resulted in restricted capacity at Board level and a consequent backlog of cases for determination. Fifteen Board members have now been appointed and recruitment of additional resources is progressing. This will provide the necessary capacity to address current delays in determining cases over time.”
According to a recent report published by Emeritus Associate Professor of Economics, Anthony Foley, Aldi prices save local communities on average €78,333 a month, meaning that this investment plan in Limerick could save locals an estimated €2.8 million annually.
Colin Breslin, Managing Director of Buying and Services, Aldi Ireland said: “I’m delighted to announce details of our plans to expand our footprint in Limerick, as we look to continue delivering our unbeatable value to communities in Moyross, Dooradoyle and the city centre.
“Over the next two years, we plan to open three new stores across Limerick, alongside our previously announced Midlands, Dublin, and West of Ireland expansion plans. This expansion would see us double out footprint in County Limerick.”
Local resident Kori Morrison from Castletroy stated: “I am very happy to see Aldi is coming into Limerick City. I think it is important to have a supermarket with more reasonable prices available to people in the city centre, especially in this current financial climate.”