Plans for the Parkway Valley site in Limerick are back on the agenda
THE Parkway Valley saga has taken a fresh twist, with confirmation that the site’s new owners are seeking to reactivate plans for a major shopping centre on the fringes of Limerick city.
Capital Assets, based at Howley’s Quay, is seeking an extra year to develop the site as a 63,000 square foot shopping mall. It comes just one day after the latest planning application for the shopping centre lapsed.
The firm is seeking to extend the duration of the permission by 12 months.
According to the plans, there will be two anchor tenants – one Marks and Spencer – as well as 37 smaller units at the partially completed site on the Dublin Road. Twelve restaurants are also being proposed, along with a leisure centre, a creche, public library, and play park.
The project – which dates back to 2004 – has sparked a huge debate in Limerick. Originally granted before strategies were put in place to protect the city centre, many feel it poses a threat to the urban area’s viability.
It was on this basis that Limerick City and County Council refused the latest plans by Belfast developer Suneil Sharma – who is no longer involved with the project.
However, An Bord Pleanala overturned this, and gave the previous developer until this month to complete the development.
Capital Assets were unavailable for comment yesterday. But the Limerick Leader understands the firm is keeping its options open on the future of the site.
While the final plan may not include shops, they do not want to rule out his possibility by allowing the original €100m plans remain dormant for an extended period.
It remains to be seen what local planners response will be to this latest proposal.
But Fine Gael councillor Daniel Butler says he is surprised at the application for an extension.
“I cannot see it being successful and I hope it’s not. I hope we can move on, and this is the beginning of the process of dialogue between the developer and Limerick City and County Council,” he said.
Cllr Butler added he does not feel there is any need for further retail, pointing out the empty space at Coonagh Cross, the Jetland Shopping Centre, and the neighbouring Parkway Retail Park at the Dublin Road.