THE UNIVERSITY OF Limerick (UL) is to create over 1,000 jobs over the next five years as part of a significant €224 million construction project.
The plan includes 12 separate developments which include a new city centre campus, a new research centre at University Hospital Limerick and a dedicated team training centre for Munster Rugby.
The plan is to be partly-funded by a €100 million loan from the European Investment Bank (EIB) with the remainder to be paid for by a number of sources including donations, state grants and commercial activities.
UL say that the new jobs will consist of 290 full-time positions and 710 construction jobs over the course of the building project which will run until 2018.
Details of the plan include:
- A doubling of the current library facilities and the addition of a specialist climate controlled area.
- A second 25m pool incorporating a diving pool.
- A new training centre from the Munster rugby team and 6 flood-lit grass training pitches.
- Student centre with meeting rooms, shops, a cinema and concert facilities.
- The expansion of science facilities in a number of institutes.
President of UL Professor Don Barry says that the plan includes the total addition of 50,000 square metres across both sport and academia. “UL is committed to making a major contribution to the Limerick 2030 Economic and Spatial Plan which will allow us all to work in partnership to deliver a true renaissance of Limerick,” he said.