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