IDA Ireland are working towards ambitious targets to ensure that employment and investment are distributed as evenly as possible across the country. The IDA’s Regional Property Investment Programme has been designed to win investments and jobs into regional locations. As part of the first phase of the IDA’s Regional Property Programme, new buildings in Sligo, Castlebar and Tralee were constructed in 2017. New buildings are also planned in Galway, Carlow, Dundalk, Limerick, Athlone and Waterford over the next two years.
In terms of the construction costs, IDA Ireland adheres to public procurement guidelines and the relevant details of the respective contracts are shared on the eTenders platform. The buildings completed in Sligo, Castlebar and Tralee were constructed for the combined contract value of approximately €11.6 million and the cost of construction for the buildings committed and underway in Dundalk, Limerick and Waterford is approximately €21.82 million.
The table provides a breakdown on the status of each new advanced building under the IDA's property investment programme.
Project
|
Address
|
Progress Update
|
Target Completion Date
|
Sligo Advanced Technology Building (ATB)
|
Finisklin B&T Park, Co. Sligo
|
Completed and Leased
|
Q3 2017
|
Castlebar ATB
|
Castlebar B&T Park, Castlebar, Co. Mayo
|
Complete and in IDA possession
|
Q3 2017
|
Tralee ATB
|
Kerry B&T Park, Tralee, Co. Kerry
|
Completed
|
Q3 2017
|
Dundalk Advanced Office Building (AOB)
|
Finabair B&T Park, Dundalk, Co. Louth
|
Commenced July 2018
|
Q2 2019
|
Galway ATB
|
Parkmore B&T Park, Co. Galway
|
Contractor Appointment
|
Q3 2019
|
Athlone AOB
|
Garrycastle B&T Park, Athlone, Co. Westmeath
|
Planning obtained & Stage 2 contractor tender pricing completed. Project on hold, subject site of interest to other client
|
On Hold
|
Limerick AOB
|
National Technology Park, Co. Limerick
|
Commenced March 2018
|
Q1 2019
|
Carlow ATB
|
Carlow
|
At site selection stage & design team selections underway
|
Q4 2019
|
Waterford ATB
|
IDA B&T Park, Cork Road, Waterford
|
Commenced Q2 2018
|
Q2 2019
|