General Industry

A €48m Investment In Ennis Could Bring Significant Boost To Clare Economy

By Robert McHugh
A €48m Investment In Ennis Could Bring Significant Boost To Clare Economy

Ennis 2040 DAC, in collaboration with Clare County Council, has released details of an economic assessment that examines the potential impact of a proposed €48 million investment in four strategic town centre sites.

The four identified sites include Abbey Street Car Park, Harvey’s Quay, Post Office Field, and a brownfield site on Francis Street.

‘Transformative Changes’

“The insights provided by AECOM, as independent experts, recognise that these developments will introduce transformative changes to the town of Ennis,” said Pat Dowling, CEO of Clare County Council.

“While acknowledging that adjustments may be necessary, the overall benefits are poised to outweigh these challenges.

“The findings reaffirm the vision set out in the Ennis 2040 Economic & Spatial Strategy and the positive impact these developments will have on our community and county.”


Local Job Market

The assessment predicts that the construction phase is projected to create 526 short-term jobs, providing a substantial and immediate boost to the local job market.

Beyond construction, the completed projects are expected to generate over 200 long-term jobs, contributing an additional €3.5 million annually to the Clare economy.

Proposed Developments

Furthermore, the council claims that the proposed developments have the potential to deliver 79 homes, catering for almost 300 people, addressing critical housing needs and promoting town centre living, thereby increasing the footfall in Ennis Town Centre.

In addition to the economic benefits, the report recognises the wide-ranging benefits of creating an attractive public realm and amenities that will enhance the well-being of the community and the environment.

‘Tremendous Potential’

“The economic impact assessment showcases the tremendous potential and wide-ranging benefits of the proposed development of four strategic sites in Ennis Town Centre,” said Kevin Corrigan, COO of Ennis 2040 DAC.

“Their impact will have far-reaching positive effects on the town and the whole county.”