News

4th September 2024

Shannon Airport Group seeks to expand commercial property footprint

The Shannon Airport Group is seeking to add two new state-of-the-art industrial buildings to its commercial property portfolio at its Shannon Campus.

The Group has this week (September 2nd) lodged a planning application to Clare County Council for the construction of a c. 63,000 sq. ft. Industrial Unit and a c. 40,000 sq. ft. Research and Development Unit on a greenfield site in its Shannon Airport Business Park next to Shannon Airport.

If approved, this multi-million-euro investment will see two new buildings constructed to LEED international green building certification and NZEB/ZEB enabled building standards, that incorporate high energy performance throughout the building design process.

These developments would be the latest phase of a multi-year redevelopment project of the business park by The Shannon Airport Group, which has seen significant investment through the construction of several industrial and R&D property solutions for companies seeking to locate in the Midwest region as well as the upgrade and retrofitting of existing property across its Shannon Campus.

The proposed new buildings will be located in the West Zone of the Shannon Airport Business Park, with direct access to the motorway feeding Limerick, Galway and Dublin. The proposed designs provide for office and warehouse spaces, yard spaces, 286 dedicated on-site car parking spaces, roof and ground mounted photo voltaic panels for on-site generation of renewable energy, and EV charging areas.

Commenting, Gerry Dillon, Group Property Director at The Shannon Airport Group said: “We remain committed to our investment strategy to build and supply quality property solutions that attract indigenous and FDI investment to the region. The demand for R&D and Industrial property in the Midwest remains strong as we have seen with our growth in business tenants across multiple sectors in recent years. The Shannon Airport Business Park is now one of the largest multi-sectoral business parks in Ireland, being home to more than 300 companies employing over 10,000 people.

This latest development aligns to our strategic plan and if approved, it will provide ready to go, state-of-the-art solutions for new companies looking to set up or relocate to the Shannon Airport Business Park. Developments like this ensure that the Midwest can continue to thrive, helping to drive employment and economic growth to the region, which is directly aligned to the Government’s own Ireland 2040 plan.”

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