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of living and the quality of life for potential employees was also a factor in choosing locations for Advanced Building Solutions.


MOVING IN The


fact that the government and


IDA Ireland have put substantial efforts and f inance into the scheme has clearly encouraged investors to commit, and to the tune of almost tenfold, as Damien reveals: “The exchequer investment harnessed further investment in these facilities. The state invested circa €12 million in those first three buildings and it resulted in almost €100 million capital investment by those companies in the facilities.” The first of IDA Ireland’s completed


Advance Building Solutions (at the time known as Advance Technology Buildings) was purchased for an undisclosed sum in 2016 by Miami-based OPKO Pharma to establish a new product development centre, housing about 200 new workers in Waterford’s Business and Technology Park. The medical test and medication company planned to use the


SPOTLIGHT ON CASTLEBAR Castlebar is a dynamic focal-point of Ireland’s West Region, a long- time preferred destination for global companies including Baxter Healthcare, Fort Wayne Metals and Volex with over 300,000 people living within a one-hour radius. IDA has recently brought to


the market a turnkey c.2,965 m2 (c.32,000 ft2


) building solution


on the c.8 hectare / c.20 acre IDA Castlebar Business & Technology Park. It has been designed to achieve


LEED Bronze CS accreditation, the globally recognised symbol of


Image: Munifico


building to house R&D and production of drugs focused on combating cancer and obesity. In January 2017 California-based Aerie


Pharmaceuticals signed a lease agreement for the 2,650m2


building in the Athlone Business


and Technology Park to cater for 50 employees working in the production of new drugs for treating glaucoma and other eye diseases. Illinois-based Abbott


Laboratories


announced that in May 2017 that it would be expanding its Ireland operations, taking an Advanced Building Solutions facility in the Sligo Business and Technology Park. Abbott, which has operated in Ireland since 1946 and Sligo since 1974, moved its nutritional devices division from a much smaller facility on the other side of Sligo to create a medical nutrition device centre of excellence at the new site. The move secures more than 100 existing jobs in the town and provides space to develop and grow.


READY FOR MORE Currently there are two Advanced Building Solutions sites ready and available to the market, in Tralee, Co Kerry and Castlebar,


sustainability achievement, in line with IDA’s sustainability focus. This approved air-tight building,


designed and finished to the highest of specifications, sits on a 1.15ha (2.84 acres) site. In addition, adjacent land is available to support an occupant’s expansion programme. The building consists of two-


storey glazed front offices of c.1,100 m2


(11,840 ft2) providing


views over the highly landscaped park. The technology space of over 16,500 ft2


benefits from an eaves


height of c.7.5 m / c.24.5 ft. IDA has engaged with all the


Co Mayo, with the other aforementioned sites also underway (an office building under construction in Dundalk, with a contractor appointed in May 2018; an Advanced Building Solution out to tender in Galway; builders on site with an office building in Limerick and with a second Advanced Building Solution in Waterford). Developments in Athlone and Carlow are in planning stages. Damien says, “The scheme has been very


successful and IDA Ireland is currently working with its parent department, the Department of Business, Enterprise and Innovation around the next phase of the building programme. With Advanced Building Solutions in regional locations, the value proposition, the speed to market, the reduction in development time, associated with locating in a regional location, the existence of an existing FDI base, all mean that the value proposition of these locations is enhanced significantly. “Coupled with the proximity to educational


institutions and the availability of talent, the building solutions have proven to be a key factor in the decision-making process.”


necessary utility providers to deliver a fully serviced park, ready for immediate occupation. The park is connected to the


natural gas pipeline by Gas Networks Ireland with four bar pressure and agreement in place to allow further developments to meet a client’s needs. The ESB connected load is 110 kVA with additional available and substation on-site. E.net are providing telecoms access and a new connection to Irish Water will ensure a smooth journey for a new occupant.


53 ISSUE 14


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