The Mayor of the City and County of Limerick has welcomed reports that Marks and Spencer are to be anchor tenants for a multi-million euro development at Arthur’s Quay in the heart of Limerick City Centre.
Mayor Michael Sheahan said: “Along with all the other plans for Limerick, this multi-million euro development will help transform the city centre. The investment by the Tiernan Properties company is very significant and will help in the revitalisation of the city centre.”
“The confirmation that Marks and Spencer is to be the anchor tenant will see the company open its very first store in the mid-west region. For many it has been a long time coming and I am delighted that such a sought after retailer is opening a store here.”
“Let’s hope the announcement of M&S will help to make Limerick even more attractive for other retail brands to set up in the city centre.”
Dr Pat Day, Deputy Chief Executive and Director of Economic Development with Limerick City and County Council said: “The investment by Tiernan Properties highlights the very healthy investment market that exists in Limerick at present. It shows the confidence that the private investment sector has in Limerick in addition to the investment taking place by Limerick Twenty Thirty.”
“This development at Arthur’s Quay fits in with the wider plan for Limerick as outlined in the strategy Limerick 2030: An Economic and Spatial Plan for Limerick and will create a vibrant shopping district in the city centre.”