"Limerick will buck the national trend and undergo a boom for the next ten years"

From the Property Pin - an amusing thread in places in the Property Pin way -

dowtchaboy wrote:

well - looks like there's life left in the old Cub yet - Jim Power reckons Limerick is where it will all happen: (from RTE website)

Quote :

Limerick building sector to remain strong
Wednesday, 4 June 2008 07:31
An economic report on the future development of Limerick city has found that the construction sector should remain vibrant over the next ten years - going against the national trend.

The finding is based on construction projects worth over €1 billion which are currently planned for the city centre, along with the extra activity massive regeneration projects will bring.

The report was written by economist Jim Power, and commissioned by developer Ger Clohessy, who wanted a realistic economic prospective on how the city will develop in the next decade.

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Mr Power found that the construction sector was likely to remain vibrant in Limerick city over the next ten years because of a number of very ambitious plans for the redevelopment of the city centre.

Apart from public projects to provide new pedestrianised and waterfront walkways, there are two retail and commercial centres planned for Arthur's Quay and the Opera Centre, which between them are worth €1 billion. A regeneration project on the North and South of the city will involve the demolition and rebuilding of around 2,000 homes in a project estimated to cost well over €500m.

Mr Power says that this level of construction will surpass that of any other part of the country, and puts Limerick in a strong position to outperform other cities.

But, on the down side, he found that the city is too dependent on the manufacturing and agricultural sectors for jobs, and governance by three local councils in the area has prevented the city from meeting its real potential.

And this just when we all thought JP had come over from the Dark Side...... Odd that he disses manufacturing and agriculture sectors - what's better? Civil Service or Financial Services perhaps??
db.

http://www.thepropertypin.com/viewtopic.php?t=10512

I've seen their marketing campaign:

"Limerick - surely to god it's our turn now?"

I have to agree with db - manufacturing and agriculture are your only men.

Manufacturing ?? Did someone say manufacturing ?

What... in Ireland ?

Limerick Tunnel came a step closer to completion today thanks to the good weather. Estimated completion date is in 2010.

Quote :

THE final section of Limerick tunnel has been sunk into place on the river-bed.

The Tunnel had been pre-cast in five sections in a 600m casting basin on the North side of the river at Coonagh West.

The last of four 20,000 tonne concrete structures have finally being laid beneath the river as part of the 500 million euro Limerick tunnel project.

The channel will form part of the Southern Ring Road linking Limerick's South side with the dual carriageway traveling to Shannon and Ennis.

Once completed the 915 metre tunnel will remove up to 40,000 vehicles per day from Limerick city centre, eliminate traffic congestion, improve air quality, lower CO2 emissions and allow for further pedestrianisation of the city. The Tunnel project is due for completion in September 2010.

http://www.limerickpost.ie/dailynews.elive?id=9132&category=Daily-Sun




http://www.limericktunnel.com/tunnel2.html

Quote :

N7 Limerick Tunnel (LSRR Phase 2) Transport 21 Logo
Description: The Limerick Southern Ring Road Phase II project, which will incorporate a fourth crossing of the River Shannon, will involve a tunnel crossing of approximately 900 m in length, linking the townland of Coonagh on the northern bank, with the townland of Bunlicky on the southern bank of the Shannon. The scheme will involve the construction of 9.75 km of new dual carriageway, along with associated link roads and side roads, linking the N7 Limerick Southern Ring Road Phase 1 and N20 Cork Road in the area of Rossbrien with the N18 Ennis Road near the Radisson and Two Mile Inn hotels. Construction commenced on site in August 2006 by Direct Route (Limerick) Ltd.
Mainline Length (km): 9.75

NRA