This is Limerick This is a Renaissance, This is Innovation - Limerick.ie

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This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
This is a Renaissance, This is Innovation

This is Limerick
This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
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
                                                                                                                      & AFFORDABILITY
This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
22     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

#ThisIsLimerick
This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
12,000+                                          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

#ThisIsLimerick
This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
7 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)

#ThisIsLimerick
This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
BUILDING 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
#ThisIsLimerick
This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
Limerick
                                          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 PARK
This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
Gut 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

#ThisIsLimerick
This is Limerick This is a Renaissance, This is Innovation - Limerick.ie
COME 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.com
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