In February 2015, the Government launched a five year strategy aimed at accelerating the jobs recovery in every part of the country. This included the delivery of a €150 million IDA Ireland led regional property programme. Its objective is to help attract foreign direct investment into different parts of Ireland by improving the availability of marketable serviced land as well as office and industrial/manufacturing buildings. In practical terms, the programme entails the upgrading of business and technology parks, investments in strategic utility-intensive sites and the construction of new advance technology buildings. To date, IDA Ireland has received €61 million in exchequer funding in support of the programme.
Construction is nearing completion of the first three advance facilities - located in Castlebar, Sligo and Tralee - that were planned under the programme. The total capital budget for the delivery of all nine planned facilities is approximately €45 million.
The tables below set out the current status of the six remaining buildings under the programme. These are at various stages in terms of concept and design and therefore individual costs have not yet been finalised.
Advance Technology Buildings (ATB’s)
Location/Unit
|
Current Status
|
Completion Objective
|
Galway
|
Final Design stage
|
Q4 2017
|
Athlone
|
Initial Concept Design Stage
|
Q4 2018
|
Waterford
|
Initial Concept Design & site selection evaluation ongoing
|
Q4 2018
|
Advance Office Buildings (AOB’s)
Location/Unit
|
Current Status
|
Completion Objective
|
Limerick
|
Planning Stage
|
Q4 2017
|
Dundalk
|
Planning Stage
|
Q4 2017
|
Carlow
|
Initial Concept Design & site selection evaluation ongoing
|
Q4 2018
|