Parkway Valley site is bought by Belfast-based developer.

THE partially built Parkway Valley Shopping Centre looks set to be completed by developer Suneil Sharma.

THE partially built Parkway Valley Shopping Centre looks set to be completed by developer Suneil Sharma.

Mr Sharma has just agreed terms with the National Irish Bank to take over the building of the shopping centre, which currently lies half-finished and idle on the Dublin Road entrance to the city.

It has been in this state for the past three year’s following the collapse of Liam Carroll’s Zoe Group, and many feel it is an eyesore.

Limerick County Council had granted planning permission for a variety of developments on the site, including an Olympic-sized ice rink, a 10-screen cinema, a leisure complex, and up to 40 retail units.

Now, Alocin - the firm Mr Sharma has been appointed as director to - has submitted planning applications seeking an extension of the validity of the various applications.

According to national media reports, Mr Sharma, has also bought the Parkway Retail Park, which is located adjacent to the Parkway Valley site.

Director of Service at Limerick County Council says a decision is due in relation to the application to extend the planning permission early next month.