Business Irish

Sunday 23 October 2016

Liffey Valley plans massive expansion

Published 05/02/2016 | 12:46

Property firm Hines has applied for planning permission to build a huge expansion of Liffey Valley Shopping Centre.

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The plan includes additional 22,000 sq. m. net retail space; 1,800 car parking spaces, a major new civic plaza and a 2,500 seat Olympic-sized indoor ice arena capable of holding "international ice skating competitions, ice hockey matches and ice entertainment performances".

If the scheme gets the go ahead it "has the potential to create up to 450 construction employment opportunities during development approximately 1,500 full and part-time jobs upon completion, bringing the total number of people employed within the centre to over 3,700".

Hines Ireland senior managing director Brian Moran commented: “This is a significant yet timely planning proposal for Liffey Valley, underpinned by evidence of emerging demand for this scale of expansion in the future. We are submitting the application now as a strategic forward planning initiative aimed at the sustainable development of Liffey Valley in line with future market needs.

Hines bought a majority stake in Liffey Valley two years ago with HSBC private clients and Grosvenor Britain & Ireland.

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