Galway going with the grain.
A new 45,000 square foot office development is set to open in summer 2018, creating “substantial” employment.
Fine Grain Property is the company behind the new development.
The modern building will be located at Block 5 of the Parkmore East Business Campus of the IDA Business Park.
Its aim is to help cater to the needs of the growing business community in Galway, both local and international.
Fine Grain Property’s new venture will add to the Campus’ international companies, including SAP and Oracle.
The new tenant, once confirmed, will have the option to expand the facility beyond its already impressive 45,000-square-foot space.
The launch of the project was attended by dignitaries and invited guests, including the Galway Chamber of Commerce, Galway County Council, the IDA, and a number of major investors.
Cormac Ó Tighearnaigh, CEO, Fine Grain Property Ireland, said: “Fine Grain Property is passionate about creating great workspaces to help domestic and international employers to attract and retain talent.
“The Firm’s international experience and presence on the ground in Ireland leaves us very well placed to realise these opportunities, providing tenants with high quality facilities tailored to their individual needs.”
State of the art
He also said that the firm has been “listening carefully” to employers in Galway.
“In addition to creating a sustainable, state of the art business facility, we have put a great deal of thought into creating a great place to work, incorporating lifestyle elements such as bright spaces, secure bicycle parking, and comfortable shower and changing areas for employees,” Mr Ó Tighearnaigh added.
Fine Grain Property’s Chairman, Ron Bolger, said that the fim is are delighted to be combining Asian Investors and Irish skills to build a stable, long term investment portfolio of industrial, logistics and business park properties across Ireland.”
He added: “Our principals and investors represent long term, patient capital, and include the Ireland Strategic Investment Fund (ISIF), which has invested €25 million with a view to driving continued economic growth and development in Ireland. The new office development at Parkmore East is a great example of that.”
There is considerable rental interest in the property from Galway’s growing businesses, and through the global team of Ireland’s development agency, the IDA.