14/09/2011
Council Challenge Shopping Centre Construction
It has been revealed that city and county councillors will meet to talk about the controversial shopping centre being built in Limerick.
This follows a Northern Irish property developer taking on the job of finishing the half built Park Valley Centre. There are fears that the centre will be the final nail in the coffin of an already 'dying' town.
With an application for retention of the development currently before Limerick County Council Mayor Jim Long is to bring county councillors, city councillors, and various officials from the two authorities around the table to discuss the plan.
Meanwhile Mayor Long believes the developer behind the project, Suneil Sharma is treating him as a "buck-ape" for only agreeing to a meeting with him late next month - by which time, planning permission could be in place.
Fears over the project have been expressed by Limerick Business Association and one entrepreneur Helen O’Donnell has said if it goes ahead, it will be “devastating” for the city.
The Mayor has now issued a rallying cry to businesses in the city, asking them all to stand behind him against the multi-million euro scheme.
The planning decision is due on October 6.
According to the Irish Times, Suneil Sharma agreed to take over building the Parkway Valley centre off the Dublin Road after acquiring an adjacent retail park for €30m.
Construction started four years ago on the €150 million Parkway Valley site but was halted when Liam Carroll’s Zoe Group collapsed three years ago.
The newspaper reported that the project would cost between €50 million and €60 million to complete but that Mr Sharma would not be drawn on how much he is investing in the project.
Movement had been expected on the site after planning permission was extended in late August.
The original plans were for a 92 unit development, which was to include an Olympic sized ice-rink, a 10-screen cinema and up to 40 retail units. Tesco Extra and Penney’s were advertised to occupy these slots in the development.
Mr Carroll halted development on the site in 2008 after failing to secure anchor tenants.
(LB/GK)
This follows a Northern Irish property developer taking on the job of finishing the half built Park Valley Centre. There are fears that the centre will be the final nail in the coffin of an already 'dying' town.
With an application for retention of the development currently before Limerick County Council Mayor Jim Long is to bring county councillors, city councillors, and various officials from the two authorities around the table to discuss the plan.
Meanwhile Mayor Long believes the developer behind the project, Suneil Sharma is treating him as a "buck-ape" for only agreeing to a meeting with him late next month - by which time, planning permission could be in place.
Fears over the project have been expressed by Limerick Business Association and one entrepreneur Helen O’Donnell has said if it goes ahead, it will be “devastating” for the city.
The Mayor has now issued a rallying cry to businesses in the city, asking them all to stand behind him against the multi-million euro scheme.
The planning decision is due on October 6.
According to the Irish Times, Suneil Sharma agreed to take over building the Parkway Valley centre off the Dublin Road after acquiring an adjacent retail park for €30m.
Construction started four years ago on the €150 million Parkway Valley site but was halted when Liam Carroll’s Zoe Group collapsed three years ago.
The newspaper reported that the project would cost between €50 million and €60 million to complete but that Mr Sharma would not be drawn on how much he is investing in the project.
Movement had been expected on the site after planning permission was extended in late August.
The original plans were for a 92 unit development, which was to include an Olympic sized ice-rink, a 10-screen cinema and up to 40 retail units. Tesco Extra and Penney’s were advertised to occupy these slots in the development.
Mr Carroll halted development on the site in 2008 after failing to secure anchor tenants.
(LB/GK)
Related Northern Ireland News Stories
Click here for the latest headlines.
31 October 2013
Funding Unlocked For L'Derry's Vacant Spaces
Funding has been approved for a project to bring empty commercial space in the centre of L'Derry back into use. Announcing the funding, Social Development Minister Nelson McCausland said: "Like other town and city centres across Northern Ireland, Londonderry is suffering considerably as a result of the economic downturn.
Funding Unlocked For L'Derry's Vacant Spaces
Funding has been approved for a project to bring empty commercial space in the centre of L'Derry back into use. Announcing the funding, Social Development Minister Nelson McCausland said: "Like other town and city centres across Northern Ireland, Londonderry is suffering considerably as a result of the economic downturn.
31 January 2005
Green light given for Derry city hotel site
The regeneration of Londonderry city centre was given a significant boost today with the announcement that the Department of Social Development had repossessed the former City Hotel site in Foyle Street.
Green light given for Derry city hotel site
The regeneration of Londonderry city centre was given a significant boost today with the announcement that the Department of Social Development had repossessed the former City Hotel site in Foyle Street.
05 March 2003
Study to reshape Belfast city centre launched
NIO Minister Des Browne has today announced the start of a review of Belfast city's regeneration policy following the adoption of the Victoria Square Development Scheme last month. The GB-based consultancy, G V A Grimley, has been engaged to conduct the research and is expected to report to the Department by the end of April.
Study to reshape Belfast city centre launched
NIO Minister Des Browne has today announced the start of a review of Belfast city's regeneration policy following the adoption of the Victoria Square Development Scheme last month. The GB-based consultancy, G V A Grimley, has been engaged to conduct the research and is expected to report to the Department by the end of April.
02 May 2023
Belfast City Council Adopts New Local Development Plan
Belfast City Council has announced the formal adoption of the new Local Development Plan Strategy 2035. The adoption follows the Council's endorsement of March's Strategic Policy & Resources Committee decision at its meeting in April.
Belfast City Council Adopts New Local Development Plan
Belfast City Council has announced the formal adoption of the new Local Development Plan Strategy 2035. The adoption follows the Council's endorsement of March's Strategic Policy & Resources Committee decision at its meeting in April.
20 June 2014
Belfast 'Heart Of Economy' - Robinson
"Belfast is the heart of the local economy," Peter Robinson has said. The First Minister made the comments as he launched a blueprint that sets out "bold and aspirational plans" for Belfast City Centre.
Belfast 'Heart Of Economy' - Robinson
"Belfast is the heart of the local economy," Peter Robinson has said. The First Minister made the comments as he launched a blueprint that sets out "bold and aspirational plans" for Belfast City Centre.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.