Latest News County Clare

Shannon Group brief Council on progress of new Free Zone developments

in business/Home/News by

*Clare County Council representatives are pictured here during a preview site visit to one of the two new MeiraGTx buildings at the Shannon Free Zone due for completion by Shannon Commercial Properties by the end of the year, (left to right are); Gerry Fitzmaurice, Head of Asset Management, Shannon Commercial Properties, Jason Murphy, Senior Executive Officer, Clare County Council, Pat Dowling, Chief Executive of Clare County Council, Mary Considine, CEO, Shannon Group, Ray O’Driscoll, Chief Operating Officer of Shannon Group and Gerry Dillon, Managing Director, Shannon Commercial Properties.

As work nears completion on new building developments at Shannon Free Zone, Shannon Group took the opportunity to show Clare County Council Chief Executive, Pat Dowling, and members of his team their progress.

Property development operations at Shannon Free Zone continue. Shannon Group’s latest investment strategy aims to have delivered over 150,000 sq ft by the end of this year to provide new buildings for FDI and indigenous companies, resulting in new jobs for the area. A total of €66m has been invested since 2014 in over one million sq ft of new property developments.

Latest projects were shown to the local authority including a 148,000 sq ft development comprising three separate buildings, two of which have been committed to MeiraGTx Holdings plc, a gene therapy company, for a multi-million euro facility which will be used for the manufacture of viral vectors for gene therapies. The development is expected to deliver 100 highly skilled jobs demonstrating the Midwest’s and Ireland’s reputation as a key location for the next generation of biopharmaceutical manufacturers.

CEO of Shannon Group, Mary Considine stated that they have a very close working relationship with Clare County Council. “We are already working on our next pipeline of projects. Our strategy includes ambitious plans for the next phase of development at the Shannon Free Zone which will include the construction of new advanced technology manufacturing units, warehousing, flexible industrial space and we have submitted a planning application for a new office block at the main entrance to the Zone”.

Repeated requests have been made by Clare County Council to have representation on the board of Shannon Group.

Páraic McMahon is Head of News & Sport with The Clare Echo. The Newmarket-on-Fergus native also writes for national papers including The Irish Examiner, The Irish Independent and The Irish Times along with doing work for RTÉ, Today FM, TheJournal.ie and The42.ie. A graduate of Mary Immaculate College, Páraic was previously employed by The Clare Herald and Clare FM. If you have a story, tip or some feedback for him then send an email to - paraic@clareecho.ie

Leave a Reply

Your email address will not be published.

*

Latest from business

0 £0.00
Go to Top