Quick Facts

Limerick City Riverfront

 

Why Limerick?

  • 450,927people within a 60 min drive
  • Top ten investment City to Invest in Europe *
  • Commercial property prices 30% - 50% less than rivals   
  • Limerick awarded European City of the Future **
  • Foynes: Ireland's Largest bulk port. Designated European Ten-T core port. Can cater for vessels up to 200,000dwt
  • 2 hours motorway drive to Dublin
  • 45% population <35 years
  • Student population >20,000 across 3 higher education institutes
  • 100,000 urban population

* 6th Global ‘Best to Invest Report’ compiled by Site Selection
** reference to 2016/2017 FDI Magazine published by FDI Intelligence

Growing Limerick

  • Fastest growing region from FDI outside the capital 
  • 3 third level institutes in limerick city      
  • Limerick undergoing €1bn investment in new enterprise and property infrastructure       
  • Incubation space             
  • Financial supports for international & national start-ups available (LEO, EI IDA)    
  • Top 10 city to invest in Europe * 6th Global 'Best to Invest' Report - Site Selection Magazine 2014              
  • Aviation hanger capital allowance available          
  • Commercial property prices 30% more competitive than rival European cities     
  • Urban population: 100,000          
  • 45% of population under 35 years           
  • Avail of living city initiative tax incentive scheme              

Education & Talent

  • 3 prestigious third level academic institutions
  • 24,000 student population
  • 6,000 graduates per year
  • 63% graduates remain in region
  • Customised courses delivered in response to the needs of industry e.g. precision engineering
  • 62% of 30-34 year olds have completed third level education
  • LSAD – one of the top 50 fashion colleges in the world

Enterprise Eco System

  • 7 start-up companies raised €73M in 2017
  • Innovative co-working spaces including Workbench and Engine
  • 8 Community Enterprise Centres
  • 4 Incubators
  • 1 Enterprise Ireland Technology Gateway
  • 3 Enterprise Ireland/IDA Technology Centres
  • 3 SFI Research Centres
  • Multiple dedicated R&D Units, Groups and Centres
  • Dedicated innovation company – Innovate Limerick
  • Dedicated Start-up Fund

Living in Limerick

  • Limerick (€22,848) has the highest estimated disposable income per person outside of Dublin (€24,061)
  • 4th most affordable place to buy a home out of 297 cities*
  • Relatively affordable residential rents
    • 44% lower residential rental costs compared to Dublin (2017 Q3)**
    • Limerick city dwellers spend just 30% of their after-tax income on rent compared to 55% of take-home pay for Dublin occupants
  • Low congestion levels
  • Short commute times
    • Average commute time 24 minutes
  • Walkable compact city
  • Gateway to the Wild Atlantic Way
  • 93% of professionals who moved to the Mid-West for career opportunities are much happier with their location

Limerick for Play

  • First National City of Culture
  • Up to 100 festivals a year
  • Former European City of Sport
  • Ireland’s only biennial of contemporary art - EVA International
  • Limerick School of Art and Design - Top 50 fashion schools in the world
  • Home of Munster Rugby - Thomond Park
  • Gaelic Grounds - 50,000 capacity
  • Ireland’s sporting campus - UL Sport
  • Home to venues including University Concert Hall, Lime Tree Theatre, Belltable Theatre, Big Top and Dolan’s Warehouse
  • Cultural institutes include Limerick City Gallery of Art, RTE Lyric FM, The Irish Chamber Orchestra and the World Academy of Music and Dance
  • Home to significant historical sites including King John’s Castle and St. Mary’s Cathedral
  • Media hub for Film and TV - Troy Studios
  • Over 1000 sports clubs
  • Multi million euro redevelopment of O’Connell Street (LUCROC Project)
  • Prime retail destination

Contact Us Today

Phone Number
Office Location

Limerick City and County Council,
Civic Buildings, Merchant's Quay, Limerick