SHANNON Group has begun work on its latest commercial property development worth €8 million which will generate over 100 jobs during construction. It is on a multi-use industrial space spanning over 60,000 sq ft, located in the Free Zone. The project will take ten months to complete and will be constructed to international standards providing high energy performance from renewable sources, known as a Nearly Zero Energy Building (NZEB). The new building is designed for both FDI and Irish enterprises seeking high-end multi-functional space, and is suitable for manufacturing, industrial and R&D use. It can be leased as either one unit, three separate commercial units (20,000 sq ft each), or two units at 40,000 sq ft and 20,000 sq ft respectively. Limerick company Nautic Building Co Limited have been appointed as the main contractor. Shannon Group CEO Mary Considine said: “We have now started work on the next phase of our property development solution offerings, having completed major infrastructure upgrades …
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