Lawyer Monthly - May 2023

TRANSACTION INTERVIEW 81 We have acted for LTT since inception. We are delighted to have been involved in large projects to date, such as Project Opera and Limerick Gardens International office, block which was valued at €23 million. has the potential to help build a strong local economy through the construction of residential units, commercial real estate and mix-use of educational and cultural/visitor attractions. Holmes is a multi-disciplinary firm with a national presence. Our clients include national and international companies across a diverse range of sectors including energy and natural resources, education, real estate, construction and engineering, insurance, financial services, healthcare, pharma and life sciences, food, beverage and agribusiness, hospitality and leisure, technology, media and telecom, which means we are very well positioned to advise on similar projects in the future. About Limerick Twenty Thirty Limerick Twenty Thirty is a dynamic property development company established as a special purpose vehicle of Limerick City and County Council to plan and develop key strategic sites in Limerick City and County. These sites will act as anchors for enterprise and investment development across Limerick and the Mid-West Region. About Opera Square The 3.7 acre Opera Square project will be a landmark commercial development in a regional and national context and one that will reflect Limerick’s status as a leading city in sustainability and innovation. The 1.62 hectare project is funded, thanks in the main through lending from the European Investment Bank, the Council of Europe Development Bank and now ISIF. A transformational project for Limerick, the fully developed site will be capable of employing up to 3,000 people across 450,000 sq ft campus accommodation. Sustainability will be at the heart of Opera Square’s design and build, with the project developed to international best practice ‘Leadership in Energy and Environmental Design (LEED) Platinum’ and ‘nZEB’ standards. A day-time employment hub, it will transform into a bustling night-time destination complete with restaurants, bars and open entertainment spaces. The design will also be entirely complementary to and protect existing important Georgian architecture. The project will deliver significant employment opportunities and act as a catalyst for other major city centre investment. Legal Advisor to Limerick Twenty Thirty

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