Elected members of Limerick City and County Council have agreed to the disposal of land at Opera Square to allow works to commence on a new 14-storey office building.

The land will be sold to the Office of Public Works and the new office building will be constructed on behalf of the Revenue Commissioners. 

The land disposal, by way of a 999 year lease, over Parcel 5 of the Opera Site, consists of 1,936m2 of Basement space and 1,346m2 of airspace overhead.  

This sale will now allow the Office of Public Works to move forward with the construction of that landmark building that will be home to almost 1000 workers.  

The development of the Opera site by Limerick Twenty Thirty DAC has been supported over the last number of years by the elected members of Limerick City and County Council.  

-- Advertisement --

Mayor of Limerick, John Moran, said: "It has been a long ten years coming but it is great to see us finally pass this important milestone in the delivery of the OPW building. I want to thank the councillors for voting unanimously to support our recommendation.  

"I want to thank the Ministers of the OPW and their officials, the team at Limerick Twenty Thirty and at LCCC for their tireless work to make this happen. But most of all I want to thank the people of Limerick for their patience.  We all look forward now to delivering More for Limerick together."

The councillors provided their approval for loan funding from the European Investment Bank and have also approved a previous section 183 that has allowed the building of Number One Opera Square to proceed, with the support of the Irish Strategic Investment Fund (ISIF).  

These decisions have also allowed for negotiations to open on the future hotel site on the Ellen Street side of the development in partnership with Limerick Twenty Thirty, a special purpose vehicle of Limerick City and County Council that plans and develops key strategic sites in Limerick City and County, such as Opera Square.