Growth at Limerick’s largest chartered accountants, BDO, over recent years is necessitating a move to a custom-designed new office location this week that will bring an additional 105 workers onto O’Connell Street.
The company will relocate from Michael Street, where it has been based for 30 years, to its new office space at 103/104 O’Connell Street in a move that reflects both BDO’s growth and the resurgence of the Limerick/Mid-West economy.
The continued growth of BDO’s audit, tax, advisory and recruitment offering has seen its client base rise to over 1,000 customers and, announcing the move, BDO Limerick Managing Partner Denis Herlihy said that the company’s success mirrors that of Limerick generally.
“Like Limerick, we’ve experienced significant growth as a business over recent years, with our staffing levels rising by 20% to 105 since 2016. That growth has meant we need a new space that reflects where we are as a business so we’re making this move from Michael Street to a fantastic new office space in the city centre, at 103/104 O’Connell Street.
“There’s a lot of excitement about Limerick at the moment and this move is indicative of that. Putting 105 staff onto O’Connell Street is a major investment and input into the city centre.”
Mr Herlihy said that the relocation to O’Connell Street is very much an investment in the company’s staff and its clients. “Our staff has been instrumental in building this business over the past decade into the leading professional services company in Limerick and it’s only right that they would have a custom-built space in the heart of one of the fastest growing urban economies in Ireland, if not Europe.
“This is also very much about our clients. Thanks to them also, we’ve outgrown what we had on Michael Street. With these new offices, we have got a space that reflects where we’ve grown to as a company and we believe our clients will also look forward to coming into our new home on O’Connell Street.”
Mr Herlihy added that it’s a very promising time for business in Limerick. “The conversations we are having with our clients are much more positive now. The market is much more upbeat. The city is developing significantly.
“Gardens International is a big development and the Opera site is also on the way. UL has announced its intention to develop a new city campus and the International Rugby Museum is on the way also, right across the road from our new home. That’s just some of what’s happening. This is a growth city and we’re making our contribution to that by helping our clients grow and, in turn, by growing ourselves.”