ING Real Estate Development UK - Mixed-Use Development - Republic of Ireland, Northern Dundalk

Date: 20 Feb 2004

ING Real Estate Development UK and Coverfield Developments Limited have submitted a planning application for a £60 million 14,176 sq m (152,590 sq ft) Factory Outlet Centre (FOC) in Northern Dundalk, Republic of Ireland. The site, opposite the town’s race course, will comprise 80 retail units, cafes and crèche facilities and will create over 1,000 jobs.

Both companies have a successful track record in the specialist FOC sector. ING Real Estate opened the first phase of the 14,000 sq m (150,100 sq ft) Dalton Park FOC in April 2003 in County Durham, North East England. In addition San Vicente Shopping Centre, Alicante, Spain and Castel Guelfo outlet, Bologna, Italy are due to open later in 2004.

Coverfield Developments Limited (a wholly owned subsidiary of Belfast, London and Lisbon based RJ McKinney Limited) has two other FOC’s under construction: the 100,000 sq m (1,076,400 sq ft) Freeport Lisboa, Portugal, the largest FOC in Europe, which is due to open in June 2004 and the 15,000 sq m (161,460 sq ft) Budapest Outlet Centre due to open in July 2004.

Ben Rainford, joint Managing Director of ING Real Estate Development UK commented:
“This is a tremendous opportunity to build on the success we have already achieved in our other FOC schemes. We look forward to bringing the advantages of outlet shopping to the people of this region.”

Billy McKinney, Managing Director of RJ McKinney Limited commented:
“We are very pleased to be involved in developing Ireland’s first major FOC. Being equi-distant from Dublin and Belfast makes it the natural spot for such a specialist development.”

The scheme architect is S&P Architects (London).

Where do I go now?: » View the latest news items » View the news archive » Subscribe to Weekly Construction Newsletter » Submit news