With demand for office space in Dublin far outstripping supply, could a soon-to-be-built mixed-use development in County Kilkenny could tempt occupiers out of the capital?
But with space snapped up quickly and the constrained labour market making it hard for businesses to recruit, one regional council is spearheading a major mixed-use scheme in the hope of attracting Dublin-based firms south of the capital.
Kilkenny County Council has formed Kilkenny Abbey Quarter Development – a 50/50 partnership with the National Treasury Management Agency (NTMA) – tasked with transforming a 20-acre site centred on the former Smithwick’s Brewery. The site, in Kilkenny town centre, will be turned into around 645,000 sq ft of commercial, residential, retail, educational and civic space and once fully built out will comprise 14 blocks split into three distinct but connecting areas – Abbey Quarter, Bateman’s Quay and Sweeney’s Orchard.
Construction of the first phase is about to start. So what is its chance of success and what kind of occupier does the developer hope to attract?
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