Shannon Group has officially turned the sod on its latest commercial property development worth €8 million which will generate over 100 jobs during construction.
Limerick based Nautic Building Co Limited has been appointed as the main contractor.
The multi-use industrial space spanning over 60,000 sq ft, is located in the Shannon Campus at Shannon Free Zone.
The project will take 10 months to complete and will be constructed to international standards providing high energy performance from renewable sources, known as a Nearly Zero Energy Building.
The new building is designed for both Foreign Direct Investment and and Irish enterprises seeking state of the art multi-functional space, and is suitable for manufacturing, industrial and Research & Development use.
It can be leased as either one unit, three separate commercial units (20,000 sq ft each), or two units at 40,000 sq ft and 20,000 sq ft respectively.
Since the beginning of 2022, Shannon Group has already committed a total of €12 million in creating properties to attract investment to the region.
