A new €25m development is underway in Limerick.

It is being referred to as the first major office development in the area since the property boom.

According to reports, Brookvale Trust are behind the project. It is the third phase of its successful Hamilton House development at the National Technology Park in Plassey, Co Limerick.

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The four-storey office building, which is around 40,000 sq ft with on-site car parking, is due for completion in July 2015.

Despite being the first privately developed office block to be built since the property boom, the developer said it was going ahead with work due to demand for large-scale office accommodation in the National Technology Park.

It is understood phrase three of the scheme will bring total accommodation within the Hamilton House development to 140,000 sq ft.

(JP/MH)