This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
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THIRD
ireland’s
150 €22,848
150 €22,84893
THIRD
LARGEST
€22,848
150150
home to over
Limerick is winning business, creating jobs, regenerating
ireland’s AFFORDABLE RENTS:
44% LOWER €22,848
HOME TO OVER
150
its urban centre, and redefining its public image. nationalities
CITY
THIRD
LARGEST
ireland’s home to over
%
€22,848
Limerick has grown through positive disruption, having taken
highest HIGHESTOUTSIDE
DISPOSABLE
bold decisions to recover from the economic crisis. Its councilnationalities
CITY
THIRD
LARGEST
has a well-articulated vision for the future, and a plan and
commitment to make it happen. There is a remarkable
nationalities
highest
RESIDENTIAL RENTAL COSTS
INCOME OF DUBLIN (€24,061)
CITY 4
degree of community and business ‘buy-in’ to the future
LARGEST
disposabl
TH
vision of the city. COMPARED WITH DUBLIN * * MOST
30% highest
nationalities AFFORDABLE
CITY
More than 12,000 jobs have been announced since
2013 with more than €1.7bn of investment by
LIMERICK CITY
DWELLERS
disposabl
highest
PLACE TO BUY
A HOME
new or existing companies. The re-development NATIONALITIES SPEND JUST
income
OUT OF 297 CITIES
disposabl *
500k
and regeneration of the city centre –the most OF AFTER-TAX INCOME ON RENT
income
transformational and largest commercial property
disposable
development programme outside Dublin - is
outside of Dublin (€24,06
income
well underway thanks to the establishment of
Limerick Twenty Thirty DAC.
outside of Dublin
WALKABLE (€24,06
income
This is a Renaissance.
4
This is Innovation. COMPACT
th outside of Dublin (€24,06
This is Limerick. CITY
4 LIMERICK C
people within a 60-minute drive
th
outside of Dublin (€24,061
4
One of Ireland’s fastest growing cities
th
#ThisIsLimerick
most
LIMERICK C
4 th
affordable
most
DWELLE
LIMERICK
DWELLE
LIMERICK CC
45BUY 73%
PLACE TOmost
affordable
PLACE TO
BUY
aPLACE %
most
IRELAND’S
affordable
THIRD LARGEST CITY
TO
ffordable
of population
PLACE TO
POPULATION TO INCREASE BY of population of OF LIFE
QUALITYSPEND JUST DWELLE
SPEND JUST
DWELLER
a home
< 35 years
#ThisIsLimerick
50-60% TO OVER 141,000 BY 2040 working age
SPEND JUST
& AFFORDABILITY22 AVERAGE
PRIMARY
CLASS SIZE
6,000 24,000
GRADUATES PER YEAR THIRD LEVEL STUDENTS
THREE RENOWNED THIRD LEVEL INSTITUTIONS,
Limerick
recognised
by Unesco
for excellence
as a Learning
City
5.2%
from peak of 17.1% in 2010
12,000+ 162,000+
new jobs created
in Limerick over
the last 5 years
PEOPLE IN
EMPLOYMENT
IN MID-WEST
ETHOS
OF TRAINING
AND
RETRAINING
#1
APPRENTICESHIP CONFIRM
Home to LIMERICK HAS • UL is winner of Best
Erasmus Programme
University of Limerick, Limerick Institute of Technology, Mary Immaculate
and Best Collaboration programme expansion Science Foundation
College, in addition to other institutes, provide a strong pipeline of talent
for its Cooperative across industry sectors Ireland new research
for local businesses.
Education Programme centre for smart
EDUCATION,
- Irish Education manufacturing
Awards 2018
Secondary
SKILLS & TALENT
School in the
Country
International students
from more than
100
countries
Students ofSTEM SUBJECTS account
for 1/3 of graduates from UL and LIT
• LIT Library wins Best
International Research
Project Collaboration
award at the Irish
Education Awards
2018
• LIT is building a new
Engineering Campus
and a new Science
and IT building - a
€36m investment
#ThisIsLimerick12,000+ LIMERICK 12,000
3
DIVERSITY ACROSS A VARIETY OF INDUSTRIES
largest economic KEY SECTORS Development of new industry,
TWENTY
sectors in Limerick: for example Film and Media with
INCLUDE HUMAN
WHOLESALE and TROY STUDIOS
new jobs created RETAIL TRADE, HEALTH AND
THIRTY
in Limerick over CONSTRUCTION SOCIAL WORK
the last 5 years and PROFESSIONAL,
ACTIVE ENTERPRISES SCIENTIFIC and
OPERATING IN LIMERICK TECHNICAL ACTIVITIES
63
MOST TRANSFORMATIONAL
Including Johnson & Johnson, Analog AND LARGEST COMMERCIAL
OVER €1BN
Devices, Regeneron Ireland, Dell, Cook PROPERTY DEVELOPMENT TECH
Medical, General Motors, Northern Trust, PROGRAMME
Uber and WP Engine OUTSIDE OF DUBLIN
COMPANIES
IN LIMERICK;
12 OF WHICH investment in new enterprise
LIMERICK FOR
HAVE WOMEN and property infrastructure as
€ FOUNDERS PART OF LIMERICK 2030
€
€
INVESTMENT SUPPORTIVE
BUSINESS
ENVIRONMENT
STRONG TRACK RECORD OF FDI INVESTMENT AND REINVESTMENT
128
Collaborative
ICT/HARDWARE/SOFTWARE
Mid West is home to Limerick is
IDA IRELAND
home to
59
local
CLIENT IDA Most important sector for FDI investment
engagement
COMPANIES IRELAND FOLLOWED BY
(EMPLOYING
client companies ENGINEERING/MEDICAL TECHNOLOGY AVAILABLE AND
OVER 17, 700 STAFF) AFFORDABLE
EDWARDS LIFE SCIENCES HAS CHOSEN THE MID-WEST HIGH-END OFFICE SPACE
€80m & 600 JOBS
AS A LOCATION, WITH AN EXPECTED INVESTMENT •R
ental rates second most
TOTALLING affordable after Waterford city
•G
old and platinum LEED
office space
#ThisIsLimerick7 START-UP
8 3 3 SFI STRONG INDUSTRY-THIRD LEVEL COLLABORATION
Community ENTERPRISE LIMERICK
TWENTY THIRTY
€500M
Enterprise IRELAND/IDA
companies raised Centres TECHNOLOGY
€73M
CENTRES Limerick Limerick for Nexus Innovation
INNOVATIVE RESEARCH for IT Engineering Centre at UL
FOUR GATEWAY
CO-WORKING CENTRES Hartnett
Enterprise Ireland
in 2017 SPACES Technology MULTIPLE DEVELOPMENT Enterprise Acceleration
INCLUDING Centre at LIT
R&D
DEDICATED
WORKBENCH
LIMERICK FOR
AND ENGINE INCUBATORS JOINED-UP
THINKING
GEORGIAN
UNITS, GROUPS and
COLLABORATION
AND CENTRES collaboration
evident between
INNOVATION
DEDICATED
DISTRICT key stakeholders
INNOVATION LIMERICK
COMPANY:
Innovate Limerick WINNING
MULTIPLE FDI INTELLIGENCE (2018-2019)
WINNER IN POPULATION CATEGORY:
First for Business EUROPEAN CITY OF THE FUTURE Limerick.ie
RUNNER UP
Friendliness and named in
WORLD’S
FDI Strategy
ENTERPRISE - BEST FOR
TOP 25
ECONOMIC
ECO SYSTEM
POTENTIAL
INCLUDED IN
AND START-UPS TOP 10 EUROPEAN CITIES FOR HUMAN
CAPITAL AND LIFESTYLE
TOURISM WEBSITES
(Skift.com)
#ThisIsLimerickBUILDING IRELAND’S FIRST DIGITAL CITY
1.75 M
IRELAND’S SHANNON INTERNATIONAL AIRPORT WITHIN 20 MIN. DRIVE
MOST CONNECTED
ECONOMIC FULCRUM
Completion of
M20 motorway to
DAILY
GLOBAL
OVER 40% of US FDI
companies are within
the airport’s catchment,
TOWARDS A SUSTAINABLE SMART LIMERICK
INFORMED – ENGAGED – TRANSFORMED
10
reflecting its importance as
Cork and Northern AIR ACCESS
ONE
Distributor Road will
a key FDI enabler
FIRST CITY TO
enhance intercity and
PASSENGERS APPOINT A
SERVED BY
intracity connectivity SHANNON FOYNES PORT COMPANY (SFPC) IS SHANNON CHIEF
Only location in Ireland
IRELAND’S LARGEST DEEP-WATER PORT AIRPORT
IN 2017 DIGITAL SMART
ENERGY DISTRICT
DIGITAL
OFFICER
with road access to all other
regional urban cities within
PUBLIC DISPLAYS
HANDLING THE LARGEST QUANTITY OF CARGO
90 MINUTES
IRELAND’S LIGHTHOUSE
IN THE COUNTRY AFTER DUBLIN
SMART CITY
SFPC has announced plans for an unprecedented
expansion at its general cargo terminal, Foynes, adding
2 HOURS
SMART
more than two-thirds the size of its existing area
MOTORWAY FROM DUBLIN
CONNECTED LIMERICK
LIMERICK FIBRE OPTIC
CONNECTIVITY
LIMERICK.IE
ONE SINGLE INTEGRATED
PLATFORM, WITH
2,000 1,000
ATTRACTIONS, EVENTS
SMART LIVING SERVICES, COMMUNITY EACH
• Smart Homes GROUPS AND YEAR
• Smart Buildings BUSINESSES
#ThisIsLimerickLimerick
School of Art HOME TO TOP CLASS Media hub
for Film and TV
IRELAND’S
SPORTING
and Design -
NATIONAL VENUES - Troy Studios CAMPUS
in Top
fashion 50
schools in
UNIVERSITY CONCERT HALL,
LIME TREE THEATRE, BELLTABLE UL SPORT
THEATRE, BIG TOP, DOLAN’S
the world WAREHOUSE AND MORE Gaelic Grounds Limerick
Cultural institutes include
Limerick City Gallery of Art,
Ireland’s only biennial
of contemporary art -
50,000 CAPACITY
RTE Lyric FM, The Irish
EVA INTERNATIONAL
OVER 1,000
Chamber Orchestra and the
World Academy of Music & Dance
UP TO 100 FESTIVALS A YEAR
PRIME SPORTS CLUBS
RETAIL
HOME TO SIGNIFICANT
HISTORICAL SITES
INCLUDING KING JOHN’S
CASTLE, TREATY STONE, FORMER
LIMERICK EUROPEAN CITY
ST. MARY’S CATHEDRAL DESTINATION
CITY OF CULTURE €MULTI MILLION OF SPORT
FIRST NATIONAL
FOR REDEVELOPMENT
LIFESTYLE
OF OUR PREMIER
THOROUGHFARE
O’CONNELL STREET
(LUCROC PROJECT)
CULTURE,
SPORT AND
FESTIVALS HOME OF MUNSTER RUGBY
#ThisIsLimerick THOMOND PARKGut feel is a large portion of any For Northern Trust, Limerick is In the past five years, Limerick When we chose Limerick as the Everyone knows it’s easier to The region offers employees
site selection. When we picked a superb place to do business. has transformed itself. Many location for our HQ, we looked get things done when people great choice and opportunity in
Limerick years ago, we simply Excellent infrastructure and top would naively sit back and say, closely at our values; excellence, work together. One of the great a broad range of sectors from
felt good about the community, class facilities. A superb calibre “job done” but Limerick continues tenacity, innovation and integrity. strengths of Limerick and this Pharmaceutical, Medical Device to
universities and people. A few and pool of graduates, people with to transform and build a unified A company can talk about these, region is its ability to work ICT, Finance and Aviation.
years and a lot of experience later, experience are coming to our door. offering for families, communities, but it is people that bring these collectively towards a common
DR. MARY SHIRE
I can now confidently say I know Having grown up in Dublin, our and businesses. I cannot get over values to life. The people of goal and be the authors of our own
Vice-President of Research at
Limerick is a place where you can family enjoys a quality of life here the energy and sense of unified Limerick and the wider Mid-West destiny. This region is an exemplar
University of Limerick and
build and thrive as a biotech. We that we could never have achieved forward momentum we are seeing region have proven to be a great for collaboration across the public
President of Limerick Chamber
are proud of what has happened in a capital city. We now enjoy the emerge in Limerick. Limerick City cultural fit for our company, have and private sectors. For example,
here and the vast majority of this best of both worlds, city life with and County Council, flanked by brought our values to life, and the three higher educational
work has been completed by country living. the IDA and Enterprise Ireland, have given us a competitive edge institutes in Limerick work
people who come from Munster. locked together with community both at home and abroad. With a collectively and proactively with
CATHERINE DUFFY
These folks built, validated and and businesses is a force to rival thriving business community and employers to meet the talent needs
General Manager
began production in a way I’d put Munster Rugby’s front row. a supportive local authority, doing for existing and new companies.
NORTHERN TRUST LIMERICK
up against any other team on the business in Limerick has never Limerick Chamber members have
PAUL RYAN
planet. We feel at home here and
the way we have been welcomed
Director, Technical Support
been easier. We now have offices
across Ireland and in the US, but
highlighted the critical importance
of supporting a talent pipeline, and The people of
has made our ongoing growth and
& Site Lead
this region has been innovative in Limerick and the
THIS IS
Limerick is our beating heart.
WP ENGINE
investment in Limerick rewarding
on the most personal levels.
DAVID JEFFREYS
delivering new education models,
both at further education and wider Mid-West
CEO
higher education in areas where region have
MY LIMERICK
DAN VAN PLEW ACTION POINT
there is high demand for skills.
Executive Vice President and
General Manager Industrial
proven to be a
Operations and Product Supply great cultural fit
REGENERON for our company
#ThisIsLimerickCOME TALK TO US! SOURCES:
• * Demographia • FDI Intelligence
International • IDA
Housing • Irish Building
Affordability Survey: Magazine
2018 • Limerick.ie
T: +353 61 556000 T:+353 61 415180 T: +353 61 200 513 • * * Residential •M idwest Relocation
E: economicdev@limerick.ie E: info@limerickchamber.ie E: idaireland@ida.ie Tenancies Board Survey
(RTB), Rent Index • Shannon Group
Q3 2017 • Sherry Fitzgerald
• CSO • Siliconrepublic.com
www.limerick.ie #ThisIsLimerick • EY • Skift.comYou can also read