Plans have been drawn up for a €100 million urban quarter at Galway Docks. This is a massive boost for Galway city as the project looks set to create 500 construction jobs and office space for over 2,000 workers.
Not only will the Bonham Quay regeneration project create hundreds of jobs, it will also help Galway city attract foreign investment.
Galway developer Gerry Barrett has lodged plans with the City Council for 26,000 square metres of Grade A office space in four blocks situated where the former Topaz oil tanks were located at the Docks.
It will also offer 2,000 square metres of retail space and restaurants offering views over the Docks and Galway Bay.
Mr. Gerry Barrett said to the Connacht Tribune that the regeneration will create a new urban quarter in the city which will be a “reimagining of Galway” in the run up to European City of Culture 2020.
He also said: “Bonham Quay is a new departure for Galway. The creation of a new urban quarter will stimulate significant employment in Galway city and its environs and will have a ripple impact in the broader national economy”.
“It will cement a reimagining of Galway as it moves toward 2020 and takes up the mantle of European Capital of Culture. It will make up for a death in city centre office space that has precluded major international occupiers of moving operations to the city. It will have a major positive impact on tourism, local entertainment and hospitality offerings.
“It will offer significant opportunities for Galway and its surrounding areas post-Brexit with ease of access to both Dublin and Shannon Airports. The quality of lifestyle in Galway is also sure to be a huge attraction for Foreign Direct Investment and their employees.
“We will work conscientiously with all stakeholders: government, national agencies, the local authority, elected officials, local business groups and engage with the wider community to deliver 2,600 jobs for Galway. It is our intention to deliver something quite exceptional for the city,” said Mr Barrett.