Demolition work begins today on the € 200m development on the Limerick Opera Site.
The project is the largest single commercial property investments in Limerick and one of the largest ever outside the capital. Once completed, the 1.62-hectare site will have the capacity of up to 3,000 employees across 450,000-square-foot campus accommodation. The program will take up to six years to complete, with up to 500 people involved in building at its peak on site.
Key elements of the project will include a 14-storey office space building; a five-storey aparthotel with 13 apartments and separate retail at ground and basement levels; a four to six storey building with office, retail and restaurant / café space; a new library and substantial public realm works. Contractor John Sisk & Son Ltd moved on site yesterday to begin demolition and enabling works.
The site is being developed by Limerick Twenty Thirty DAC (LTT), a special purpose vehicle set up by Limerick City and County Council to stimulate economic and social development by building out and promoting strategic dormant sites.
LTT has already completed the Gardens International project on Henry Street. Also included in his portfolio are Tlet Studios, Castletroy, which is fully completed and installed; Cleeves’ 10-acre Riverside project also in the city center, which is currently in the masterplanning phase; and the 60-acre Mungret Park residential site on the grounds of the former Mungret College where the first phase of 200 units will go into planning in Q1 2021.
The extensive demolition and enabling works at the site will take up to 12 months to complete, along with the demolition of all 20th century buildings and later additions, adaptive reuse of Protected Structures and other structures of heritage value. Three major site developments will take place in addition to the extensive enabling and demolition works over the first three years of the program, including the city’s new library; aparthotel, retail and apartments and the Revenue building and Granar developments.
Limerick City and County Mayor Michael Collins said: “This is a very exciting day for Limerick City and County Council, for Limerick Twenty Thirty but most of all for Limerick and the wider Mid West region. This development is going to be crucial in helping Limerick to drive the economic challenges now facing almost everywhere. ”