200 new construction jobs will be created as part of a €400 million development in Limerick.
The University of Pittsburgh Medical Centre has proposed building a 150 bed hospital on the edge of Moyross.
The facility will also house 40 day beds along with a medical research and training centre.
We have announced a major transformational development proposal across three key #Limerick sites in Thomondgate, Hyde Road Park, and Coonagh #HowLimerick https://t.co/0cJF4v1GPr pic.twitter.com/GA2reb3T1h
— Limerick Council (@LimerickCouncil) February 11, 2021
On the same site, 108 one-four bed houses will be built, which will be used as social housing units and affordable housing.
In Thomondgate, 63 houses will be built.
Meanwhile an additional 36 one and two bed homes will be constructed in Hyde Road Park.
The announcement comes just 24 hours after Minister Eamon Ryan confirmed that the Coonagh to Knockalisheen Road will be built in its entirety.
Council Describes Development As "Truly Remarkable"
Mayor of Limerick, Michael Collins has described the development proposal as "truly remarkable".
-€400m investment across three sites revealed
- 400 new jobs for Limerick to be created over the next 3-5 years during construction and when operational
-World renowned University of Pittsburgh Medical Center (UPMC) proposes establishing new facility in Limerick
— Mayor Michael Collins (@cllrmcollins) February 11, 2021
"This is a very proud day for Limerick and I look forward to seeing what further opportunities this announcement will bring.”
It is anticipated that the sites will be developed over next three to five years with the planning process set to commence in quarter 2 of 2021.
