Latest News 10/12/08 Sligo Post Sligo received an epic recession beating boost yesterday (Tuesday) as a massive €80 million town centre revamp was given the green light by An Bord Plenala. Creating 500 jobs in the initial construction phase and a further 500 direct and indirect jobs when complete, the scheme from international property giants, Treasury Holdings, has been almost a decade in the planning. The development will provide a new focus for retailing in Sligo. It will be anchored by Dunnes Stores, Tesco's and Penney's and will comprise of 30 shops, 1,000 car-parking spaces, 27 apartments and 30,000 sq ft of office space It is hoped that construction will start early next year. Speaking after the announcement yesterday, Sligo Mayor, Cllr Veronica Cawley (Lab) said: "We need this. Sligo needs this. "I know that we are living in different economical times now but this investment is vital for Sligo's future as a gateway city. This will boost the economy with jobs and will have such a positive knock on effect." Mr. Niall Kavanagh, Director of Development at Treasury Holdings Ireland said: "We are delighted to have been finally given the go-ahead for this eagerly awaited and important scheme." The development at Wine Street will be the centre-piece and heart of a new retail core for Sligo. Included in the development will be a new plaza, which will create a much needed quality public space for the people of Sligo. The new multi-story car park will provide modern parking facilities for those using the centre or accessing the rest of the town centre. Mr. Niall Kavanagh, Director of Development at Treasury Holdings Ireland said: "We are delighted to have been finally given the go-ahead for this eagerly awaited and important scheme. "It is important in the current market to offer a uniquely attractive product and I believe this is something the Treasury Holding's Sligo Town Centre scheme does well. "Sligo is seen as the centre for retailing for the North West of Ireland and as a result there is still significant demand for contemporary retail space. Conor Ronan who is part of the development consortium and who is based in Sligo said: "Sligo is finally going to get the badly needed redevelopment of its town centre. Treasury Holdings will aim to attract top class national and international retailers to the scheme which will ensure Sligo Town Centre becomes the retail destination of choice for the people of the northwest of Ireland." |