£350m Millennium Park is launched

A 200-acre business park on the edge of Naas, Co Kildare, with a projected end value of £350 million, was launched last Thursday…

A 200-acre business park on the edge of Naas, Co Kildare, with a projected end value of £350 million, was launched last Thursday by the Minister for Finance, Mr McCreevy. The Millennium Park will have 2.5 million sq ft of of high tech office space and will be in direct competition with Citywest Business Park and Park West.

The Naas park is being promoted by Kildare businessman Jerry Conlon. Irish Intercontinental Bank and Anglo-Irish Bank are providing major finance for the development, which will be located along the M7 motorway. The park is not far from Sallins railway station.

Chief executive officer Michael Mullally said it expected to attract information technology and other high tech companies setting up in Ireland, and to cater for IFSC companies planning to relocate because of Dublin's transport problems.

Millennium Park has a broadbank communications system. It will also have a training/ educational institute, a creche, shops, hotel, leisure and conference facilities.

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The first 40,000 sq ft building on the site has been let to the South Western Area Health Board at a rent of £16 per sq ft. This forms part of the first phase of 175,000 sq ft of buildings designed by architects Scott Tallon Walker. The agents are Hamilton Osborne King, Gunne Commercial and Ferris O'Reilly.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times