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Job Creation

Dáil Éireann Debate, Tuesday - 28 January 2014

Tuesday, 28 January 2014

Questions (352)

Ann Phelan

Question:

352. Deputy Ann Phelan asked the Minister for Jobs, Enterprise and Innovation the up-to-date position regarding the former Braun site in County Carlow; the plans the industrial development Agency has in respect of this site; when it was last visited by IDA Ireland; the contact IDA Ireland has had with the Carlow local authority on developing the site; if any meetings have taken place on subdividing the site to make it more attractive for foreign direct investment; and if he will make a statement on the matter. [4283/14]

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Written answers

I am informed by IDA Ireland that the former Braun Oral B site in County Carlow is available to the market through property agents Jones Lang LaSalle. The facility, which is privately owned, is a significant industrial complex comprising a series of interconnected manufacture and warehouse buildings totalling some 227,335 square feet on a site of approximately 29 acres and is available for lease at a quoted rate of €800,000 (€3.52 per square feet) per annum, or to purchase at a quoted price of €8 million.

IDA Ireland has endeavoured to profile the facility to potential overseas investors investigating business locations with a property requirement similar to what this site offers. The facility is included on the long list of any large scale industrial requirement enquiry, which potential clients screen to create their short list. In the past 12-13 months this has resulted in two potential investor visits to the site, the most recent of which was in March 2013.

The Agency have also informed me that they are in frequent and on-going contact with the property agents and they are aware of any potential investor interest in the site. As the facility is in private ownership, IDA Ireland does not control how the site is offered to the market and does not have authority to subdivide the site. However, the Agency has assured me that it continually promotes and markets the property to overseas clients wishing to invest in Co. Carlow.

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