Limerick Institute of Technology has welcomed the proposed €400 million development across three sites in Limerick City, announced by Limerick City and County Council.
The development outlined for key sites at Coonagh, Thomondgate and Hyde Road Park has the potential to economically and socially transform the north side of the city.
On completion, this development will deliver much needed housing for Limerick, and the proposal at Coonagh which envisions the inclusion of a University of Pittsburgh Medical Centre (UPMC) facility, will open up health care, employment and opportunities for the people of the county and beyond.
Commenting on the announcement President of LIT Professor Vincent Cunnane said, “LIT’s Moylish campus is situated very close to this key development site, and we are currently developing a new engineering campus a short distance away also at Coonagh. These developments show how infrastructure such as the Coonagh to Knockalisheen road can lead to significant investment, and indeed are the first such investments on the Knowledge Corridor along the Northern Distributor Road.”
Professor Cunnane added, “A multi-million euro development of this scale has the potential to not only transform the city’s infrastructure, but positively impact the quality of life of its people. An investment of €400 million is more than just a number – it is the creation of a new future for Limerick, its communities and the region.”