The 3.7 acre Opera Square project will be a landmark commercial development in a regional and national context and one that will reflect Limerick’s status as a leading city in sustainability and innovation.
The 1.62 hectare project is fully funded, thanks in the main to €170m funding from the European Investment Bank and the Council of Europe Development Bank loans. Project Managers have been appointed and the project is underway, with enabling and demolition works this year, ahead of construction commencing in 2022.
The recent LTT & ISIF joint venture of €80m is the largest direct commitment by ISIF to date under its €500m investment programme for five regional cities – Cork, Galway, Kilkenny, Limerick and Waterford – announced last summer. The programme is a cornerstone of ISIF’s new investment strategy that will result in major investment being targeted to each city in the form of new places to work, places to live and enabling investments resulting in the regeneration of regional city centres.
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. Sustainability will be at the heart of Opera Square’s design and build, with the project developed to international best practice ‘Leadership in Energy and Environmental Design (LEED) Gold’ and ‘nZEB’ standards.
A day-time employment hub, it will transform into a bustling night-time destination complete with restaurants, bars and open entertainment spaces.
The design will also be entirely complementary to and protect existing important Georgian architecture.
Opera Square will not just be a modern cutting-edge development for leading national and international companies and organisations, it will be transformational for Limerick city, deliver significant employment opportunities and act as a catalyst for other major city centre investment to follow.
Limerick Twenty Thirty is seeking, on behalf of Limerick City and County Council, a planning amendment for its landmark Opera Square building, public realm and Central Library to achieve latest sustainability requirements and deliver enhanced design standards in keeping with the city’s Georgian heritage. See further information on the links below.
Capacity: 550,000 sq. ft., 3,000 jobs
Stage: Planning permission granted, Contract A; Demolition and Enabling works complete 2022. Contract B; Basement and One Opera Square commenced Q1 2023.
View the Press Release for the Planning Amendment
View the Notice for the Planning Amendment
View the Public Consultation Information
View the Public Information Boards for the Planning Amendment
View the Brochure for Opera Square
OPERA SITE
The 3.7 acre Opera Square project will be a landmark commercial development in a regional and national context and one that will reflect Limerick’s status as a leading city in sustainability and innovation.
The 1.62 hectare project is fully funded, thanks in the main to €170m funding from the European Investment Bank and the Council of Europe Development Bank loans. Project Managers have been appointed and the project is underway, with enabling and demolition works this year, ahead of construction commencing in 2022.
The recent LTT & ISIF joint venture of €80m is the largest direct commitment by ISIF to date under its €500m investment programme for five regional cities – Cork, Galway, Kilkenny, Limerick and Waterford – announced last summer. The programme is a cornerstone of ISIF’s new investment strategy that will result in major investment being targeted to each city in the form of new places to work, places to live and enabling investments resulting in the regeneration of regional city centres.
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. Sustainability will be at the heart of Opera Square’s design and build, with the project developed to international best practice ‘Leadership in Energy and Environmental Design (LEED) Gold’ and ‘nZEB’ standards.
A day-time employment hub, it will transform into a bustling night-time destination complete with restaurants, bars and open entertainment spaces. The design will also be entirely complementary to and protect existing important Georgian architecture.
The Opera Site will be a key driver for increased economic activity in the City Centre with potential to deliver significant employment opportunities and act as a catalyst for other major city centre investment.
Opera Square will not just be a modern cutting-edge development for leading national and international companies and organisations, it will be transformational for Limerick city, deliver significant employment opportunities and act as a catalyst for other major city centre investment to follow.
Limerick Twenty Thirty is seeking, on behalf of Limerick City and County Council, a planning amendment for its landmark Opera Square building, public realm and Central Library to achieve latest sustainability requirements and deliver enhanced design standards in keeping with the city’s Georgian heritage. See further information on the links below.
Capacity: 550,000 sq. ft., 3,000 jobs
Stage: Planning permission granted, Contract A; Demolition and Enabling works complete 2022. Contract B; Basement and One Opera Square commenced Q1 2023.
View the Press Release for the Planning Amendment
View the Notice for the Planning Amendment
View the Public Consultation Information
View the Public Information Boards for the Planning Amendment