Limerick is investing over €1 billion in enterprise and investment infrastructure as part of the Limerick 2030 Vision: An Economic and Spatial Plan for Limerick, a 20 year action plan, which aims to transform Limerick through the economic, social and physical renaissance of Limerick City Centre and the wider Mid West Region.
The key aims of the plan include:
- The creation of 12,000 jobs in Limerick, with 5,000 in the City Centre;
- To accelerate and scale economic investment;
- To secure and deliver key strategic sites; and
- By 2030 to transition and transform Limerick into a major economic force in the Irish and European economy.
Download the Limerick 2030 Vision: An Economic and Spatial Plan for Limerick here.
Key to the delivery of the plan is the development – by Limerick Twenty Thirty Strategic Development DAC - of a number of strategic sites overseen by the Limerick 2030 team. These sites will revitalise the City Centre and raise the quality of development.
Education and up-skilling programmes are a dominant feature of the Limerick 2030: An Economic and Spatial Plan for Limerick, as enablers of the transformation currently moving apace in Limerick. The Plan envisages the University of Limerick relocating certain teaching programmes, in redesigned and redeveloped locations and centres in the city.
The Limerick Institute of Technology is expanding its programme offering into medical technology as part of a new 'Medical Village’ and into fashion in its recently established ‘Fashion Incubator’.
In addition, the Plan has supported future-proofing education and skill programmes in IT and engineering (the Limerick for IT and Limerick for Engineering initiatives) that Limerick City and County Council have located in bespoke, dedicated, education centres in the City Centre (at the Granary and proposed new Digital Academy).
The Limerick 2030 Vision: An Economic and Spatial Plan for Limerick, sets out a framework that integrates economic development with spatial planning underpinned by dedicated bespoke marketing. It is a rallying call for public sector action and private sector investment until 2030. The plan has the support of all the major public and private stakeholders in Limerick and a very dynamic ‘Limerick Economic Forum’, chaired by Mr Denis Brosnan
Considerable progress has been made since the Plan was launched in 2013, with over 9,000 new jobs created and over 750,000 sq. ft. of knowledge and office space under development.