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10,000 jobs on way in Ballymun project
MORE than 10,000 jobs could be created with the construction of the Ballymun Town Centre, it was predicted today. Investment company, Treasury Holdings, said that the green light has been given for the construction of the €800m town centre. The group, who are the Irish property investment manager for and majority shareholder of Real Estate Opportunities (REO), have said that 2,000 con- struction jobs will be created by the project which will begin next year. A further 8,500 direct and indirect jobs will be established once the shopping centre is open. Despite the downturn in the economy, Treasury Holdings said that they are eager to press on with the impressive development and that the Spring Cross development represents the largest mixed use town centre permission that has ever been granted in Ireland. RETAIL It's expected that it will take three years to complete con- struction of the development which includes 360 apartments, 60,000 square metres of retail and 35,000 square metres of offices. An additional 11,000 square metres of civic buildings with cinemas, bowling alleys, a public library and restaurants have also been included. It's planned that a Metro station will be integrated into the town centre at basement level, which will mean that there will be 15 minutes travel time to and from the city centre. This will link up with the Luas network and city interconnector, and the centre is within 10 minutes reach of the Airport as well as 2,000 parking spaces. |
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