WORK WILL GET underway on the Gardens International office building today, the largest commercial property development outside Dublin.
The 100,000 square foot building on Limerick’s Henry Street will be the first speculative build under the Limerick Twenty Thirty programme, which will see over €500 million worth of investment in creating state-of-the-art office, retail, residential, education and enterprise space in Limerick.
It is set to be finished late next year.
The €17.6 million contract is the first of three major projects that will transform inner city Limerick, creating 1.4million sq ft of prime real estate for various uses.
The wider programme is aimed at attracting 5,000 new jobs in Limerick over the next five years, with ‘The Gardens’ building set to accommodate 750 posts and support 150 jobs during construction.
Limerick Twenty Thirty Chairman Denis Brosnan said:
“This is a very important day for Limerick Twenty Thirty, for Limerick and the wider region.
This will be the catalyst for a new era of growth for Limerick as this is the first in a wider programme that is going to transform Limerick into a dynamic living and working city capable of competing with the leading destinations in Europe for inward investment.
The Henry Street site was part-constructed during the boom but has remained a shell development since work ceased there several years ago.
Developed in 1808 by the Roche family, the old limestone faced building with stunning red-bricked internal barrel vaults was a revolutionary project for its day, having been designed with a sophisticated heating and irrigation system to support roof-top hanging/vertical gardens with vegetation such as exotic fruits like oranges, grapes and pineapples.
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