Play
Townmore wins €130m of new projects
Construction firm Townmore is to create new jobs after winning high-profile projects worth an estimated €130m.
The projects include an extension to the historic Wynn's Hotel in Dublin's Abbey Street, the development of Cork's new Windsor Hotel, as well as apartment builds in north Dublin and London.
Townmore is to build 440 apartments as part of an €80m project in Donaghmede and a further 55 apartments in north London. Managing director James Godley said the pipeline of projects secured for 2020 would see at least 90 new jobs and that turnover at the newly rebranded firm is expected to increase by 25pc over the next 12 to 18 months.
"We are looking for steady growth rather than quick turnover," said Godley. "A number of contractors have got into trouble because they have just gone crazy and haven't been able to maintain progress."
Godley highlighted the Wynn's Hotel project as particularly interesting.
"We're putting two storeys on top of an historic city centre building. It's a keystone for future conservation projects," he said.
Most Watched
Play
Play
Play
Play
Play
Latest Irish
- Bulmers maker C&C latest to see profits boost
- ESB’s So Energy retail arm in UK racks up big losses
- Guinness is the most valuable Irish brand and Baileys the most recognisable across the world
- ‘If you can’t stand up, stand out!’ – Izzy Wheels’ striking designs are a rallying cry for empowerment
- Kilkenny hurler Eoin Murphy’s day runs gamut from saving goals to closing sales
Most Read
- John Mulligan Opinion ESB’s bumper profits create a hot potato for Government
- JB Barry & Partners acquired by France’s Egis Group
- Kilkenny hurler Eoin Murphy’s day runs gamut from saving goals to closing sales
- ESB profits soar to €847m in 2022
- EU clears the way for Irish bank payouts to go ahead after financial market turmoil
Latest
- Mallow renewing ties with twin town Treguier in Brittany
- WATCH: Ireland's Grand Slam heroes arrive en masse to continue Six Nations party at home of Garry Ringrose
- Kinahan money-launderer Jim Mansfield Jnr heads up new property company – weeks after prison release
- Public asked to join Spring clean at Greystones’s Dr Ryan Park
- Mallow supermarket encourages customers to recycle at new in-store reverse vending machine