Construction BUSINESS

Regional

Development of Second-tier Cities Key to Sustainable Economic Growth

    Development of Second-tier Cities Key to Sustainable Economic Growth

Policies should aim to rebalance growth by encouraging regional development led by a small number of large urban centres outside Dublin, according to new ESRI research. If the current pattern of growth continues, it will lead to a further gap in prosperity between Dublin and the rest of the country. In Dublin, it will lead to additional […]

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Dragon Brand Foods to Build New Factory

    Dragon Brand Foods to Build New Factory

Strabane-based food manufacturer, Dragon Brand Foods is investing over £500,000 in jobs, innovation and a new factory with the support of Invest Northern Ireland. The company is due to begin construction on its new factory at Strabane Business Park as part of its plans to grow its business.
The company is also creating four new roles […]

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Cork building sector demands upgrades to road and water network

    Cork building sector demands upgrades to road and water network

According to a report in the Evening Echo, major infrastructure works are needed to bring land marked for housing development up to scratch. The report says that construction experts in Cork believe issues with roads and water are hindering progress in major housing developments throughout the city and county.

Conor O’Connell, regional director at the Construction […]

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Cork city building getting ready for Crawford art students

    Cork city building getting ready for Crawford art students

MORE than 100 CIT students will be accommodated in the college’s new city centre hub for postgraduate studies in art and design. Refurbishment works on the former Bank of Scotland building at 46 Grand Parade are on course to be finished by August, allowing the students to move in ahead of the start of the […]

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€90m Cork Docklands plan gets go ahead

    €90m Cork Docklands plan gets go ahead

A €90 million office block aimed at resolving a chronic shortage of commercial space in the city centre has been given the green light. The Navigation Square complex comprises four separate blocks on a 2.25 acre site in the heart of Cork city centre and provide accommodation for up to 3,000 employees and more than […]

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Coveney announces €32 Million for Repair and Leasing Scheme

    Coveney announces €32 Million for Repair and Leasing Scheme

The Minister for Housing, Planning, Community & Local Government Simon Coveney announced on Thursday that the pilot scheme that targets vacant properties and secures them for social housing, by financing the cost of repairs, is to be rolled out on a national basis. An additional €26 million is being provided to fund the scheme in […]

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More Than €8 Billion Worth of Construction Projects Went On-Site in 2016 – CIS

    More Than €8 Billion Worth of Construction Projects Went On-Site in 2016 – CIS

Over €8 Billion worth of construction projects went on-site in 2016 according to Construction Information Services (CIS) on Wednesday. The finding comes from the recently published 2016 Construction Market Review that also shows that almost €11 Billion worth of projects moved to Plans Granted stage while over 16,500 residential units were granted planning permission.
CIS says the €8 […]

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Housing Minister Turns Sod at Sligo Development

    Housing Minister Turns Sod at Sligo Development

The Minister for Housing, Planning, Community and Local Government, Mr. Simon Coveney, turned the sod at a new development of 22 social homes at Fr O’ Flanagan Terrace, Sligo, on Friday. The homes will be a mix of one, two and three bedroom houses and apartments, which are designed to achieve an A3 building energy rating, […]

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Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

    Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

Full year results for Cavan-based building materials producer, Kingspan, released on Friday, showed revenue up 12% to €3.1 billion in 2016.  Trading profit was up 33% to €340.9 million, while acquisitions contributed 11% to sales growth and 7% to trading profit growth in the year.
“2016 was another record year for Kingspan,” Kingspan Chief Executive Gene Murtagh […]

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Free Trade Registration Open for Construction and Quarry Machinery Show

    Free Trade Registration Open for Construction and Quarry Machinery Show

Free trade registration is now open for  CQMS’17 Construction and Quarry Machinery Show on Friday, April 21st.
The show in Tullamore, Co Offaly, will see 200 exhibitors showcase over €70 million worth of equipment to 8,000 visitors. CQMS’17 will also facilitate factory visits to equipment manufacturers North & South. Friday, April 21st, is a trade day and registration is […]

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€20 Million Office Development Launched in Cork City

    €20 Million Office Development Launched in Cork City

A €20 million office development at Camden Place will provide 150 construction jobs with up to 500 jobs coming on-stream in Cork city centre on completion, the Cork Chamber of Commerce announced on Thursday. Demolition will commence in February, with work on the 65,000 square foot of lettable floor space expected to take 12 months.
Award-winning […]

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Athlone IT Launches Polymer Engineering Scholarships

    Athlone IT Launches Polymer Engineering Scholarships

A persistent shortage of polymer engineering talent in Ireland has prompted the launch of a new scholarship programme, Athlone Institute of Technology announced on Thursday. The JL Goor Polymer Engineering Scholarships, sponsored by the Institute of Materials, Minerals and Mining (IOM),  will enable two CAO applicants to pursue a polymer degree qualification while receiving a […]

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Hines and Peterson Group Acquire Landmark Dublin Properties

    Hines and Peterson Group Acquire Landmark Dublin Properties

Real estate companies Hines and Peterson Group have entered a partnership to acquire two iconic Dublin properties – the Central Bank buildings on Dame Street and 2 Grand Parade in Dublin 6, it was announced on Tuesday. These two prime acquisitions represent Peterson Group’s first investments in Ireland and also its first partnership with Hines.
Hines and […]

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1.8 Acre Residential Development Opportunity in Dundrum

CBRE on Monday offered a residential development opportunity at Annefield House, Taney Road, Dundrum, Dublin 14 to the open market by way of Private Treaty. The site, extending to approximately 0.72 hectares (1.8 acres), located in Dundrum provides an opportunity to develop an intimate housing scheme in close proximity to local facilities and amenities.
The lands, […]

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Nine Fatal Construction Accidents in 2016

    Nine Fatal Construction Accidents in 2016

There were 44 people killed in workplaces in 2016, representing a 21% reduction of the 56 reported in 2015, according to figures released by the Health and Safety Authority on Thursday.
Construction fatalities were down to nine in 2016, from 11 in 2015.
The number of deaths on farms remained high, with 21 reported in 2016, compared […]

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House Price Inflation May Hit Double-Digit Levels in 2017

    House Price Inflation May Hit Double-Digit Levels in 2017

Irish house price inflation is set to accelerate in 2017, potentially reaching double-digit levels, according to the MyHome.ie property report for the final quarter of 2016.
“Clearly low stock levels will be the main driver of what’s happening in the market and will be for the foreseeable future,” MyHome.ie Managing Director Angela Keegan said. “Our report […]

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Dublin Warehouse Nets Most Bids Ever Recorded at Allsop Online Auction

    Dublin Warehouse Nets Most Bids Ever Recorded at Allsop Online Auction

Allsop’s final auction of 2016 took place this week with 158 properties sold and total sales of over €28m, Daft.ie’s Martin Clancy reported on Monday.
“The auction was characterised by competitive bidding from investors targeting properties with strong rental income and potential for asset management,” Allsop’s Divisional Director, Jonathan Fenn, said. “A mixed-use investment in Tuam […]

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DART & Luas Map Illustrates Dublin Rental Prices

    DART & Luas Map Illustrates Dublin Rental Prices

A map of Luas and DART stops, published by Daft on Friday, highlights the most and least expensive areas to live in Dublin. According to the maps, commuters living on the LUAS green line in Dublin pay on average €1,553 a month in rent.
The average cost to rent a property close to a DART station […]

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€10 Million Expansion to Warmth & Wellbeing Scheme

    €10 Million Expansion to Warmth & Wellbeing Scheme

The Warmth & Wellbeing pilot scheme, which provides energy free efficiency upgrades to homes in some areas of Dublin, will be expanded next year, Minister for Communications, Climate Action and Environment Denis Naughten announced on Thursday. The scheme, which covers people over 55 in Dublin 12 and 24 who have respiratory conditions and are in […]

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Dublin Ranked Fourth Most Attractive City for Property Investment

Photo credit: Hans-Peter Bock hpbock@avaapgh.de
Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and the Urban Land Institute (ULI) released on Thursday. Dublin saw €4 billion of real estate activity in the 12 months before September 2016, putting it behind Berlin, Hamburg and Frankfurt, and […]

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Sligo East City Regeneration Project Launched in Cranmore

    Sligo East City Regeneration Project Launched in Cranmore

The Sligo East City, Cranmore and Environs Regeneration Project was launched at a showcase community event in Cranmore, Sligo on Thursday, December 1.
The Department of Housing, Planning, Community and Local Government has supported a regeneration programme in Sligo for the last number of years and has invested over €23 million so far in providing renewed […]

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West Pharmaceuticals Mulhuddart Expansion Completed

    West Pharmaceuticals Mulhuddart Expansion Completed

Medical manufacturer West Pharmaceutical Services, Inc. announced on Tuesday, November 29, the completion of a 60,000 square foot expansion at its contract manufacturing facility near Mulhuddart, County Dublin. The expansion was initiated in response to customer demand for medical device manufacturing, especially in the area of diabetes.
West Pharmaceutical Services, Inc. manufactures packaging components and delivery […]

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Agreement to Redevelop National Maternity Hospital Announced

    Agreement to Redevelop National Maternity Hospital Announced

Minister for Health Simon Harris announced on Thursday, November 24, that the National Maternity Hospital (NMH) and St Vincent’s Hospital Group have reached an agreement on on the redevelopment of the NMH on the Elm Park campus.
The Department of Health said that their design team will review and update the underlying planning documentation with a […]

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25% of Homes That Qualify for the First-Time Buyers Scheme Located In Dublin

    25% of Homes That Qualify for the First-Time Buyers Scheme Located In Dublin

Research conducted by Daft.ie has found that 25% of available projects that qualify for the first-time buyers scheme are located in Dublin County. The research, published on Friday, November 25, found that the largest share of qualifying houses were in Dublin, followed by Kildare (14%), Meath (13%) and Cork (6%).
Daft.ie Public Relations and Communications Manager […]

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AIB Says Loans to Contribute More Than 1,000 New Hotel Bedrooms in Ireland Within 18 Months

    AIB Says Loans to Contribute More Than 1,000 New Hotel Bedrooms in Ireland Within 18 Months

AIB announced on Tuesday, November 22, that it had approved over €300 million in loans to the hotel sector in 2016. AIB’s Head of Hospitality Owen Travers said that the funding would “contribute to over 1,000 new bedrooms on the island of Ireland over the course of the next 12 to 18 months.”
A report by […]

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€15.5 Million Wind Farm Opened In Co. Antrim

    €15.5 Million Wind Farm Opened In Co. Antrim

Gaelectric officially opened its £13.4 million (€15.5 Million) wind farm on Thursday, November 17, at Cloonty in Co. Antrim. The 9.2MW wind farm is located on the Castlecat Road between Derrykeighan and Bushmills.
Cloonty is renewable energy and energy storage group Gaelectric’s fouth operating wind farm in Northern Ireland. The Company has 184MW of operating wind […]

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Wood Awards Ireland Held in Farmleigh House

    Wood Awards Ireland Held in Farmleigh House

The Wood Awards Ireland were presented in Farmleigh House on Thursday, November 17, with Bucholz McEvoy Architects named as the overall winner for their work on the Samuel Beckett Civic Campus on Ballyogan Road, Dublin. The competition, presided over by Minister of State Andrew Doyle, celebrates the use of wood by Irish designers, architects, engineers […]

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€30 Million Retail Centre Planned for Bray

    €30 Million Retail Centre Planned for Bray

A development partner is being sought to develop a 2.4 acre site, previously known as the ‘Florentine Centre’, in Bray, Savills announced on  Wednesday, 16 November 2016. Wicklow County Council appointed Savills to seek a development partner for the 250,000 square foot scheme at the site recently purchased by the council. The site has been […]

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136 New Office Buildings to be Built in Dublin

    136 New Office Buildings to be Built in Dublin

136 new office buildings, totaling more than 12 million square feet, are planned to be built in Dublin over the next five years, according to Savills’ 2016 Skyline Survey. The developments, intended to provide working space for more than 100,000 employees, are largely centered in Dublin’s central business district, with the majority of the developments […]

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Upgrade to Dublin Airport Runway to Create 150 Jobs

    Upgrade to Dublin Airport Runway to Create 150 Jobs

An 18-month upgrade of Dublin Airport’s main runway is expected to create 150 jobs.
Construction on the runway is expected to start on the night of Monday, November 14, and to continue for 18 months. As the work requires the runway to completely close, construction is planned to take place between 11 pm and 5 am […]

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Irish Water Begins Construction on 9.7 Million Euro Wastewater Network

    Irish Water Begins Construction on 9.7 Million Euro Wastewater Network

Irish water officially began construction on a €9.7 million wastewater pipe network for Rush, Co. Dublin on Friday, November 11.
The network, which is expected to be take two years to complete, is designed to stop the discharge of raw sewage into the sea, improving the bathing water at South Rush Beach.
The network will direct existing […]

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Construction projects’ value rises over €1 billion in first half of 2016

    Construction projects’ value rises over €1 billion in first half of 2016

New figures provided by the Building Information Index suggest that the value of construction projects in Ireland has risen significantly when compared with the previous year.
In the first half of 2016, the value of construction project commencements increased by €1.12 billion, or 44%, to €3.69 billion.
Five of the seven sectors examined registered growth, with the […]

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IFSC’s first new office building in over a decade set for completion in late-2017

    IFSC’s first new office building in over a decade set for completion in late-2017

The Irish Financial Services Centre is set to get its first major facelift in well over a decade, as Cosgrave Property Group and IPUT plc have launched a new premium Grade A office building in the heart of Dublin’s central business district.
‘The Exchange’ will provide 105,000 sq ft of office space over six floors upon […]

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€500m development programme for Limerick

The biggest single Irish commercial property development programme undertaken outside the capital was unveiled today with the launch of a special purpose vehicle to accelerate Limerick’s emergence as one of Europe’s most attractive investment locations.
Limerick Twenty Thirty Strategic Development DAC (Designated Activity Company) is the first entity of its kind created by a local authority […]

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Glan Agua creates 60 jobs in Galway

Glan Agua a company specialising in waste water treatment is to create 60 jobs in Co Galway.
The company is doubling its existing workforce with an expansion of its Irish and UK headquarters.
Glan Agua was established in Ballinasloe in 2008 and is a subsidiaries of Mota-Engil which is expanding its operations in the Republic through the two companies […]

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Pollution fears halt construction of £745m bypass

Construction work has been suspended on the Aberdeen Western Periphery Route following fears over pollution to surrounding rivers.
Investigators from the Scottish Environment Protection Agency discovered silt pollution in neighboring watercourses following heavy rain earlier this week.
Calum MacDonald, Executive Director of the Scottish Environment Protection Agency (SEPA), said:
“SEPA officers have been investigating multiple reports of significant […]

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£23m anaerobic digestion plant in Ballymena

A £23 million anaerobic digestion plant will be developed in Ballymena, Co Antrim next year to deal with the environmental problem of the 40,000 tonnes of chicken waste produced each year by the north’s billion pound poultry sector.
The Tully Centralised Anaerobic Digestion Plant is being led by Stream BioEnergy Ltd and built by Xergi.
BSG Ltd will use […]

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KSSL announces 50 new jobs in Longford

Kiernan Structural Steel is to create 50 jobs at its  new state-of-the-art extension to its Longford structural steel manufacturing facility.
The Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor has attanded at the official opening of KSSL’s new facility. KSSL is the leading Irish structural steel manufacturing firm and now employ 150 people split between their […]

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£20m investment in road schemes in Northern Ireland

Over £20 million has been invested in road schemes in the Causeway Coast & Glens council area in Northern Ireland. A total of £20.37m was spent on projects in 2015/16, according to the Infrastructure Minister.
Minister Chris Hazzard confirmed over £9 million was spent on the scheme to dual 7.8km of the A26 Frosses Road between Glarryford […]

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ROI’s largest port infrastructure project secures permission

The largest port related infrastructure project in the history of Ireland, Alexandra Basin Redevelopment Project  has been granted planning permission by an Bord Pleanála.
The project will enable Ireland’s premier port to double its trade capacity to 60 million tonnes per annum by 2040. It will also enable the largest cruise liners in the world to safely berth […]

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Nationwide Project: 14 primary care centres across Ireland

12/07/2013. The new Minister for European Affairs, Paschal Donohoe at a press briefing outside the dail. Paschal Donohoe replaces Lucinda Creighton, who resigned last night after voting against the government on the abortion legislation. Photo: Sasko Lazarov/Photocall Ireland
Minister for Public Expenditure and Reform, Paschal Donohoe T.D., has welcomed on Wednesday the announcement of a nationwide […]

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Hearing on Galway Apple data centre

An Bord Pleanála has started to hear submissions about a proposal by Apple to construct a €850m data centre in Athenry, Co Galway.
Planning for the single-storey development outside Athenry was granted by Galway County Council last September but it has been appealed by eight parties.
Should permission be granted, the 24,500 sq metre development would be […]

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The ‘most expensive object on earth’ to be constructed in UK

The “most expensive object on earth”, according to Greenpeace, is is to be constructed in the south-west of the UK. The nuclear power station will be located just 273 km off the coast of Ireland.
The environmental charity estimates that the power plant, named Hinkley Point C, will cost a whopping £24 (€31) billion.
The proposed nuclear power station […]

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CIF Cork to revamp City Centre

The Construction Industry Federation, in conjunction with the Cork Foundation and Re-Imagine Cork plan to renew Cork City Centre  with several regeneration projects.
Members of the Construction Industry Federation, including O’Sheas Builders (Cork) Ltd, Sean Ahern Electrical Ltd., P.J. Hegarty & Sons, Purcell Scaffolding Cork Ltd, Substruck Ltd.,  Edward Feehely Decorators Ltd. and MMD Construction Cork Ltd, have […]

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Turner&Townsend to deliver £107m energy-from-waste facility

Equitix Management Services has reappointed the global construction consultancy Turner & Townsend to support with client representation services to construct a new £107m energy-from-waste facility, which when complete will help to reduce landfill within Northern Ireland and Scotland.
Turner & Townsend’s expertise in project and cost management helped to steer the proposals to pre-financial close stage. […]

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OPW to advance construction of Cork City flood defences

The Office of Public Works (OPW) has confirmed that it is separating flood defence works in and around Morrison’s Island in Cork City from the overall €60m flood defence scheme, and will give responsibility over to Cork City Council.
The construction of flood defences for one of the most flood-prone zones in Cork City centre is […]

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Savills bespeaks top ten European investment hotspots

Savills, the international real estate investor, has advised its top ten hotspots for investment in Europe, split between five tips for risk taking investors (‘risk embracers’) and five for those who are hunting for secure returns (‘risk avoiders’).
Marcus Lemli, Savills Head of European Investment, annotates:
“European commercial real estate remains one of the best places for investors […]

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Work starts on the most authentic Titanic Hotel

Abercorn Construction has started work to fully restore the former Harland & Wolff Headquarters building and Drawing Offices in Belfast’s Titanic Quarter.
The iconic buildings, where RMS Titanic and 1,000 other ships were conceived and designed, will include a new boutique hotel and public heritage space, designed by project architect, RMI Architects.
The development of the four-storey, […]

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Giant tunnel boring machines used to build the Northern Line Extension

The construction of two new 650 tonne tunnel boring machines (TBMs), which will build the new Northern Line Extension tunnels under south London, is now complete.
The two machines – which were built by NFM Technologies in Le Creusot in central France – will now undergo special factory testing to ensure that all components are of […]

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Upgrades along M62 to reduce noise for residents

Contractors for Highways England will replace the existing 2 metre high wooden barrier with a new 3 metre high barrier, constructed from recycled plastic and fibreglass.
They will also extend the barrier for another 150 metres, adding a new 2 metre high barrier 100 metres to the west and 50 metres to the east of the […]

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Developer Gerry Gannon plans to build 84 Dublin homes

    Developer Gerry Gannon plans to build 84 Dublin homes

Developer Gerry Gannon plans to build more than 80 apartments and townhouses in a project in north Dublin that industry figures value between €18 million and €20 million.
The company wants to build a combination of one- two- and three-bedroomed apartments, 23 townhouses and two shops in two blocks at the site.
However, the agency refused to […]

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Interxion to build new Data Centre in Dublin

    Interxion to build new Data Centre in Dublin

Dutch firm Interxion, a leading European provider of carrier and cloud-neutral colocation data centre services, has announced it is planning a €28 million investment in a third data centre for Dublin. Developed in response to continued customer demand, this new data centre will be located in Grange Castle Business Park.
The first two phases of Interxion DUB3 are scheduled to open in […]

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Dalata to build 181-bed hotel on site of former Charlemont clinic

    Dalata to build 181-bed hotel on site of former Charlemont clinic

Ireland’s largest hotel operator Dalata has acquired the company which owns the former Charlemont Clinic in central Dublin for €11.9m.
The 0.95 acre location of the former Charlemont Clinic on the Grand Canal will be the site of a new four-star, 181-bedroom hotel. Planning for the site also includes three residential apartments and basement car parking.
Dalata estimated the […]

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Further accommodation deal for Queen’s University in Belfast

    Further accommodation deal for Queen’s University in Belfast

Queen’s University has entered yesterday into a deal with developers McAleer & Rushe to develop 1,200 student bedrooms on two of their city centre sites, in a deal worth €90 million.
The 476-bed scheme on McClintock Street will form part of a mixed-use student and hotel scheme, while the proposal for College Avenue will consist of 680 […]

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Dublin City Council releases plans for €20 million Dalymount Park redevelopment

    Dublin City Council releases plans for €20 million Dalymount Park redevelopment

Dublin City Council has released the details of its plans to revamp Dalymount Park into a modern 10,000 seater stadium, a redevelopment which is expected to cost up to €20m to complete.
The first phase of the redevelopment will see the installation of an artificial pitch and the construction of a new 4,500 seater main stand, which […]

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Plans to build €25 million “aparthotel” near Trinity College Dublin

    Plans to build €25 million “aparthotel” near Trinity College Dublin

Irish property investment group Tetrarch Capital intends to invest €25 million in a 178-unit aparthotel on a site close to Trinity College, in Dublin, as part of a wider plan to grow its portfolio of accommodation interests here that will involve investing an additional €100 million over the next three years.
It recently acquired a half-acre […]

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£133m A8 dualling scheme officially opens

    £133m A8 dualling scheme officially opens

A £133 million dualling upgrade scheme (€183m) between Belfast and Larne,  developed by a Joint Venture of Lagan, Ferrovial and Costain has officially opened last Wednesday (December 16).
The scheme, which represents one of the largest investments in the roads infrastructure in Northern Ireland in recent years, was funded by the Northern Ireland Executive with support from […]

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Global student housing firms set for €250m Dublin venture

    Global student housing firms set for €250m Dublin venture

Chicago-based Harrison Street Real Estate Capital has teamed up with London-headquartered GSA Investment Management to provide €250m to built student accommodation in Dublin over the next five years.
The world’s biggest investor in student accommodation is to pump a quarter of a billion euro into the Dublin market in a joint venture that will see a […]

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