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Shannon Group starts work on €10m high spec office block

The inward investment potential of the Shannon Free Zone is set to be significantly boosted following the sod-turning by Shannon Commercial Properties for a €10 million state-of-the-art new office block. The high-spec 55,000 sq ft facility, built to LEED (Leadership in energy and environmental design) Gold standards and located on the newly named Airport Avenue, is the first speculative new-build by Shannon Commercial Properties, a Shannon Group Plc company. The build is part of a €25 million first phase redevelopment programme at the Free Zone. Launched by Minister of State at the Department of Jobs, Enterprise and Innovation Pat Breen TD, the facility will be built to top international standards and is designed for FDI and Irish enterprises seeking high-end office space. In excess of 120 construction jobs will be sustained during construction. The site, located adjacent to Shannon Airport perimeter which was demolished ahead of this investment, work on which will be completed by in May of next year. …

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