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€50 million office complex gets greenlight in Athlone

Sep 14, 2022 14:18
By Shannonside News
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€50 million office complex gets greenlight in Athlone

Planning was approved by the local authority this week.

A 50 million euro office complex has been given the greenlight in Athlone.

Planning permission has been granted to Longford developer Mark Cunningham for the construction of a nine-storey office building at Cloghanboy, just of the N55.

It will include office space, meeting rooms, staff welfare facilities and reception areas.

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The buildings will be split into a 7-storey block and a 9-storey block, with designs showing an interconnecting link bridge between the first and sixth-floor level.

The building will now become the second highest in Athlone behind the 11-storey high Sheraton Hotel.

The Director of Avenir Assets Management believes companies based in larger cities need a regional presence and he's hopeful 500 jobs can created from the development.

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''All these blue chip companies are all Eastern based where developed land is scarce and  family homes are very  expensive as a result so these Eastern based blue chip companies are going to start to have to  either move West or have a regional presence and that's why I purchased the site in the first place because number one of its central location and number two it's a prominent location along the motorway.''

Listen to Mark's full interview below.

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