HARCOURT Developments will open the first phase of a €65m extension to the Laois Shopping Centre in Portlaoise next Tuesday.
It will accommodate a Tesco Extra store which will be triple the size of Tesco’s existing store at 88,000 sq ft and this section will also offer three levels of free covered car parking with 1,200 spaces, as well as a new pedestrian entrance.
The overall extension will be completed this coming autumn and accommodate 14 new shops as well as an enlarged Penneys of 48,000 sq ft.
The agents DTZ Sherry FitzGerald are quoting rents of €50 per sq ft. The existing centre has a floor area of 93,500 sq ft with 24 units and is 98pc let.