Friday, January 11, 2008

Construction starts on €70m Meath Retail Park

Blackrock International Land and Lagan Developments have announced that work is to begin on their joint venture Navan retail park scheme, close to Dublin, with Sisk taking on contracting responsibilities.

The Navan retail park will comprise a 160,000-sq ft retail centre and park on a 28.8-acre site on the outskirts of the growing County Meath town.

The development value of the project is estimated to be in excess of €70m, and its location on the Athboy Road will take advantage of the nearby M3 motorway, which is currently under construction. The joint venture team plans to develop an additional eight acres on the site at a later date.

The development is a good sign for Irish commercial construction sector in 2008, where it is expected that recruitment activity will be healthy in the coming months as tradespeople, skilled labour and construction professionals migrate from the slowing housing sector.

The Navan retail park is the first of a number of large mixed-use and commercial developments planned for construction across Ireland over the coming months.

1 comment:

Anonymous said...

This is great for Navan, hopefully allow all us Navan chippies get work closer to home