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[Articles] Greencore property development

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  • 22-11-2006 8:25pm
    #1
    Victor
    Registered Users Posts: 78,375 ✭✭✭✭


    http://www.rte.ie/business/2006/1121/greencore.html
    Greencore plan to 'transform' Carlow
    November 21, 2006 17:49

    Food group Greencore has submitted plans to build a €1.1 billion new town centre on edge of Carlow. The firm says the development will support 2,000 jobs in the area.

    The plan includes 3,000 residential units, retail facilities and a 50-acre business park on the 330-acre site of the former sugar factory in the town. The company has submitted the plan to Carlow County Council for its proposed local area plan for the town.

    Greencore's development director Geoff Doherty said the plan, if adopted, would transform a large area of Carlow town.
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    He told RTE radio Carlow could support the development, as it had good motorway access and was strategically placed between Dublin and Waterford. Mr Doherty said the job numbers, if the plan were adopted, would represent a fivefold increase on the number of people previously working at the sugar plant.

    SIPTU's national industrial secretary Gerry McCormack told RTE radio the move was no surprise, but the union was very unhappy as workers in the company's former sugar plants in Carlow and Mallow had not received redundancy terms as recommended by the Labour Court.

    He accused the company of refusing to abide by a Labour Court recommendation on redundancies, adding that €4.4m was the subject of a court case being taken by the unions. Mr McCormack said the union had no problem with regenerating the site, but wanted the company to treat its former workers with respect.

    Developer Liam Carroll is a major shareholder in Greencore, having spent €200m buying out Dermot Desmond's 22% share a few months ago.

    Shares in Greencore closed five cent higher at €4.10 in Dublin this evening.

    http://www.rte.ie/business/2006/1122/greencore.html
    Cork body 'has had Greencore talks'

    November 22, 2006 17:46

    Cork County Council has confirmed that its officials have been in discussions with Greencore in connection with the future of the former sugar plant at Mallow.

    It is understood Greencore - which yesterday announced plans for a €1.1 billion development of its site in Carlow - is seeking to have its 300-acre site at Mallow rezoned from industrial use to commercial and residential use.

    Greencore says it is not prepared to discuss its plans for the site in the public arena.


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    #2
    lostexpectation
    Closed Accounts Posts: 9,082 ✭✭✭lostexpectation


    perfect article for built environment forum :)


  • Options
    #3
    Victor
    Registered Users Posts: 78,375 ✭✭✭✭Victor


    lostexpectation wrote:
    perfect article for built environment forum :)
    Do we have one. :confused:


  • Options
    #4
    MontgomeryClift
    Registered Users Posts: 1,060 ✭✭✭MontgomeryClift


    Another edge city shopping centre for Carlow. What a mess.


  • Options
    #5
    Victor
    Registered Users Posts: 78,375 ✭✭✭✭Victor


    http://www.rte.ie/business/2007/0612/Greencore.html
    Carroll takes 29.5% Greencore bite
    Tuesday, 12 June 2007 18:36

    It has been confirmed to the Irish stock exchange this evening that Property tycoon, Liam Carroll, was last week's buyer of Greencore shares.

    Mr Carroll last week upped his stake in the food group from 21.7% to 29.5%, just short of the 30% that would automatically trigger a takeover bid.

    Carroll bought his initial 21% share from investor Dermot Desmond last summer for €170m.

    AdvertisementNow it is thought he'll launch a takeover bid for the food group to get his hands on its 900 acres of surplus property.

    Greencore itself has €1 billion mixed use plans for its former Irish Sugar sites at Carlow and Mallow.


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