HomeBusiness€4m property investment gets under way on Shannon Free Zone

€4m property investment gets under way on Shannon Free Zone

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THE SHANNON Group’s first major construction project of 2022 will involve a €4 million refurbishment of two buildings on the Shannon Free Zone to provide high spec office space and light engineering facilities to attract indigenous and foreign investment. 

Work got under way today on the 33,000 sq. ft facility on the western end of the campus next to the newly constructed building for gene therapy company MeiraGTx. The project is expected to be completed by July.

Ennis based Jada Construction have been appointed as the main contractor and 100 jobs are being created during the construction and fit-out phase.

Shannon Group chief executive Mary Considine said that despite the challenges the group had faced throughout the pandemic, they had continued to improve their customer facilities and offering.

“Our 2022 property development strategy for the Shannon Campus will provide quality property solutions to attract indigenous and FDI investment. Initiatives like this support the Government 2040 Plan and will help drive employment growth to the region.”

With a combined square footage of 33,000 sq. ft, the refurbishment of these buildings will create high spec, fully fitted out multi-purpose office space and light engineering facilities.  The exterior aesthetics of the buildings will be finished in a similar architectural style to the MeiraGTx building which was previously undertaken by Shannon Group.

Included in the development are the provision of 140 car parking spaces with seven dedicated disabled spaces and four electric vehicle charging spaces. It also includes the upgrade of footpaths, public lighting and landscaping in the area around the buildings.

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