The 3.7 acre Opera Site project will be a landmark commercial development in a regional and national context and one that will reflect Limerick’s status as a leading destination for inward investment.
The 1.62 hectare site will be developed at a total cost of circa €180 m and is fully funded, thanks in the main to €170 m funding from the European Investment Bank and the Council of Europe Development Bank loans. Project Managers have been appointed and the project is set to commence with enabling and demolition works later this autumn.
A transformational project for Limerick, the fully developed site will be capable of employing up to 3,000 people across a 450,000 sq ft campus accommodation. The project will be developed over a six-year period to LEED Gold and nZEB standard.