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Former Shannon Development chief takes over Chamber

SHANNON Chamber has selected former chief executive of Shannon Development, Kevin Thompstone, as its new president.He succeeds Damian Gleeson of Grant Thornton, who held the position for two years.Mr Thompstone said he was honoured to take up the position and when he spoke to the Clare Champion on Tuesday he acknowledged that it’s a difficult time for some of the Chamber’s members. “It’s not unique to this region or unique to Ireland but we’re in the middle of a pretty deep economic crisis that’s effecting nearly every part of the world. That’s just the reality of business life at the moment but having said that, Shannon Chamber has a good cross-section of members across industrial sectors and people are making a good fist of things. It’s the nature of business, you have an upward cycle and a downward cycle and we just happen to be in one of the trough periods at the moment.”Mr Thompstone lives locally and he left …

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Controversial housing development finally finished

  ***The year in review*** AFTER years of delays and controversies, along with expenditure of more than €5 million of taxpayers’ money, a relatively humble 22-bed affordable and step-down housing development was finally completed. The project at Glaise na Rinne was controversial as far back as 2007, before construction ever began, as residents of Cluain Airne claimed the site was inappropriate, as the development was going onto a local green area.Five years later – a period during which the residential property market collapsed, removing the need for specific affordable housing developments – it was finally completed.Of the 22 houses, 16 are affordable housing and the other six are step-down units. The most expensive of the affordable units are priced at €102,000, while an average of €230,000 was spent on providing each house, meaning huge losses.At a council meeting in November, Shannon town manager and Clare County Council director of housing, Bernadette Kinsella gave some details of the expenditure on the …

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