Fifty businesses have opened this year in Dún Laoghaire with another 100 set to start up next year, according to a group promoting the town.
The Dún Laoghaire Business Improvement District initiative is designed to increase footfall and attract more firms. It says it represents more than 800 businesses.
After marketing the town to high-end retailers, it said there were commitments from “household names” to open an average of two outlets a week next year.
Among the 50 businesses that have set up in Dún Laoghaire in recent months are hospitality outlets Wetherspoons, Fallon and Byrne, Starbucks and Nandos.
Service companies include Dunhumby Market Research, the Irish Academy of Public Relations and Hong Kong Aviation. Business organisations include the Harbour View Business Centre, 180 Degrees Consultancy and Multinet Systems.
Other businesses include the Bespoke Sofa Company, Last Stop Carpet and Kitchen 62.
The number of of vacant premises in the town received widespread attention in recent years, but local business people expect the main streets to get a lift from the opening of the new €30 million library.
Free high-speed wi-fi was launched throughout the town last month and an inaugural contemporary music festival in October provided a boost to the pub and restaurant trade.
Dún Laoghaire Harbour Company said cruise ships carrying potentially 100,000 visitors are expected to dock in 2016. Moreover, Dún Laoghaire-Rathdown County Council plans to integrate the seafront area with the main shopping district.
The business initiative is also advancing a plan geared to regenerate the business and retail core area, primarily by increasing footfall over the next five years.
A 15-page “how to” guide has been published to assist new businesses. It outlines cost-saving incentives, including a grant scheme to cover the cost of commercial rates for new businesses occupying vacant premises, and reduced cost utility bills through partnerships.
According to the initiative, 130 businesses in the area have saved in excess of €135,000 between them on their utility bills since last April.
