Castletown Capital make a statement on the Erin Foods Site, latter situated on the Slievenamon Road, in Thurles, Co. Tipperary.
Date: 17th December 2018.
Statement Ref: Erin Foods Site, Thurles, Co. Tipperary.
Castletown Capital is delighted to announce that we have agreed terms of a partnership agreement with the Quirke Family to develop the Erin Foods Site in Thurles, Co. Tipperary.
The Project will run in conjunction with the development of the new retail Store by Lidl Ireland and will comprise the construction of 60,000 Sq.Ft. of modern business accommodation. The construction phase will generate 85 jobs and a local demand for building material and services.
The accommodation will be finished to a very high specification and will be enabled for fibre broadband connectivity. The campus will have the capability to act as a regional hub for technology and research. There is a very strong demand for such facilities at present, given the lack of suitable accommodation at competitive rates.
We have received a very positive market response to our business offering. We have commenced negotiations with an interested blue chip Company to be an anchor tenant. We are confident we will secure other tenants for the accommodation as the site develops.
The building when completed has the capacity to accommodate 400 people. We will be working with all interested parties to maximise its full potential and deliver a multi-million return to the local economy.
We would like to acknowledge the enormous assistance of Mr Michael Lowry, T.D., in securing this project. We wish to thank Lidl Ireland for their co-operation with planning application and construction logistics. The project has required significant input from all parties over an extended period of time. We look forward to delivering the project in an efficient and timely manner.
Kind regards,
The statement is signed by Mr Ronan Mallon, (Chief Executive Officer (CEO) Castletown Capital).
Address No.93 St. Stephens Green, Dublin 2.
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