The Shannon Airport Group is seeking approval to add two new industrial buildings to its commercial property portfolio at its Shannon Campus.
The Shannon Airport Business Park is already home to over 300 companies employing over 10,000 people.
The group this week lodged a planning application to Clare County Council for the construction of a 63,000 square feet industrial unit and a 40,000 square feet research and development unit on a greenfield site in its Shannon Airport Business Park next to Shannon Airport.
These developments would be the latest phase of a multi-year redevelopment project of the business park by The Shannon Airport Group.
The group has seen significant investment through the construction of several industrial and R&D property solutions for companies seeking to locate in the Midwest region as well as the upgrade and retrofitting of existing property across its Shannon Campus.
The proposed designs provide for office and warehouse spaces, yard spaces, 286 dedicated on-site car parking spaces, roof and ground mounted photo voltaic panels for on-site generation of renewable energy and EV charging areas.
Gerry Dillon, Group Property Director at The Shannon Airport Group, said the group remains committed to its investment strategy to build and supply quality property solutions that attract indigenous and FDI investment to the region.
"The demand for R&D and Industrial property in the Midwest remains strong as we have seen with our growth in business tenants across multiple sectors in recent years," Mr Dillon said.
"This latest development aligns to our strategic plan and if approved, it will provide ready to go, state-of-the-art solutions for new companies looking to set up or relocate to the Shannon Airport Business Park," he said.
"Developments like this ensure that the Midwest can continue to thrive, helping to drive employment and economic growth to the region, which is directly aligned to the Government's own Ireland 2040 plan," he added.