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€60M Development At Arthur’s Quay Acquires Marks & Spencer As A Tenant

Published on Jul 25 2019 11:50 AM in A-Brands tagged: Limerick / Marks & Spencer / Arthur's Quay / Tiernan Properties

€60M Development At Arthur’s Quay Acquires Marks & Spencer As A Tenant

Marks & Spencer is expected to attract many customers as the major tenant at a new €60 million development at Arthur’s Quay in Limerick.

The development is expected to attract more footfall in the centre of Limerick and to be pivotal for the city. The developer, Tiernan Properties, told The Irish Times that Marks & Spencer validates the development’s purpose since the retailer was a "key target" for the development.

“We have been carefully planning the redevelopment of Arthur’s Quay for some time and have had significant interest in the project. However, this has been heightened over the past 12 months or so, thanks to the accelerated recovery taking hold in Limerick,” said Mark Tiernan, development director, Tiernan Properties, in The Irish Times.

The Development

The development in Arthur’s Quay is about 18,580sq m and is between the river Shannon and planned Opera Centre, according to The Irish Times.

“A key aspect of the development is that it will bring the city and river together in a way that has not been done before,” said Tiernan.

“For decades Limerick has been accused of turning its back on its prime asset, the River Shannon. This project will redress this imbalance.”

© 2019 Checkout – your source for the latest Irish retail news. Article by Libby Seline. Click sign-up to subscribe to Checkout.

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