€7m redevelopment approved for Dundalk premises

€7m redevelopment approved for Dundalk premises

The IDA is developing an “advanced office building” for €7 million in Dundalk.

The purpose of the development is to provide high-quality office accommodation to IDA client companies.

According to tendering documents, the building will be used for “future technological businesses” while the approximate floor area of the building will be 3,200sq m. The project site is located at Finnibair Industrial park in Dundalk.

The development forms part of a strategy announced in 2015 to accelerate regional job growth and to ensure that attractive property solutions are available for marketing to IDA clients across a broad range of sectors.

Currently, IDA Ireland has “advanced” office buildings in locations including Tralee, Sligo, Waterford and Athlone. In its Athlone development, the tenancy was taken by Aerie Pharmaceuticals, which subsequently announced the creation of 50 jobs in the town. The company was due to begin internal construction on the building earlier this year.

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