Mar 27

STRATEGIC INVESTMENT FUND (ISIF) EXPRESSES INTEREST IN FORMER BREWERY SITE

ISIF to enter legal partnership with Council to provide funding for the site

Kilkenny County Council and the Ireland Strategic Investment Fund (ISIF) are set to consider a collaborative partnership for the commencement of the development and regeneration of the former Smithwick’s Brewery site in Kilkenny City.

brewery site pic

Elected members at Monday’s Council meeting heard that the ISIF had written to the Council expressing an interest in principle to enter a legal partnership with the Council to provide funding for the site.  On foot of approaches from the local authority to explore the use of the recently established ISIF, the ISIF has now signalled its preparedness to consider a joint venture which will seek to bring commercial life and business back to the 14.5 acre derelict brewery site on a phased basis.

 
Kilkenny County Council agreed to purchase the site in 2012 following the closure of the famed brewery after 300 years of continuous operation.  The site is zoned for town centre/general uses which enable a range of town centre appropriate uses including amenity.  An Urban Design Framework is currently in preparation.
The Council envisages the prime city centre site will attract significant interest from educational, business, agri-tech, fin-tech and research and development sectors both at home and overseas.

 
The Ireland Strategic Investment Fund, which is managed and controlled by the National Treasury Management Agency (NTMA), was established in December 2014 with a statutory mandate to invest on a commercial basis in a manner designed to support economic activity and employment in the State.
Welcoming the news Council Chairman Pat Millea stated “This is a very exciting prospect for Kilkenny and is an opportunity that warrants our utmost consideration in the period ahead.  As a Council we must work together to ensure the sustainable redevelopment of the former brewery site and to create the environment and local infrastructure for much needed employment.  I regard the willingness of the ISIF to collaborate with Kilkenny County Council as a very encouraging first step and a major boost to investor and employer confidence in our city”.

 
Acting Chief Executive of Kilkenny County Council, John Mulholland, acclaimed the approach and interest taken by the ISIF in supporting development in regional centres such as Kilkenny.  Mr Mulholland stated “the loss of so many jobs at the brewery site and the void caused by brewery closure was a real blow for Kilkenny.  The interest taken by ISIF gives great grounds for optimism and the potential of financial support for a sustainable redevelopment of the city centre is a really welcome development as the Council takes ownership of the site this summer.”

Mar 25

ARE YOU INTERESTED IN PUTTING FORWARD YOUR IDEAS / NEEDS FOR KILKENNY?

Free Consultation Workshop

on Kilkenny’s Local Economic & Community Plan

 

A workshop on the preparation of Local Economic & Community Plan for Co. Kilkenny is taking place next week

Date: Wednesday 1st April

Time: 11:00am – 1:00pmpeople discussion group3

Venue: The Maltings, Tilbury Place, James Street

 

This gives the businesses of Kilkenny an opportunity to put forward their ideas/needs for inclusion in the plan which is currently underway.

Discussion will cover issues such as:

  • What is working well in Kilkenny at the moment
  • What needs to be improved
  • What are the main priorities which you think should be included in the plan which will help improve Co. Kilkenny as a place in which to work, to invest and to do business in.

 

E-mail: admin@kilkennychamber.ie or phone 056 775 2767 to put your name down for this free event.

 

What is the Local Economic & Community Plan for Kilkenny:

Rather than the Government deciding themselves what is needed in an area, they are working from the ground up and asking for input from the local community about their needs.  It’s a focused approach to achieve input from the business communities.

 

Mar 19

Chambers Ireland’s Corporate Social Responsibility Awards Open for Applications

 

The Chambers Ireland Corporate Social Responsibility Awards are now accepting applications.  The awards are open to all businesses, big and small, and are free to enter.

This year’s categories are as follows:

  • Excellence in Community – Partnership with Charity
  • Excellence in Community – Volunteering
  • Excellence in Community – Community Programme
  • Excellence in Environment Excellence in Marketplace
  • Excellence in Workplace
  • Excellence in CSR Communication
  • Excellence in International CSR
  • Excellence in CSR by an SME
  • Outstanding Achievement in CSR (all shortlisted candidates are automatically eligible for this award)

 

The Awards are a great chance to gain recognition for your company’s commitment to being a responsible and sustainable business. Applications can be made online here and will close on Tuesday 21st April.  If you have any queries at all regarding the awards, please contact Amy Woods on amy.woods@chambers.ie or 01 400 4319

 

 

Feb 12

DID YOU KNOW?

Kilkenny Logo Colr

On Thursday the 8th of January 2015 the British Government published the Corporation Tax (Northern Ireland) Bill, which provides for the devolution of tax powers to the Assembly in Belfast and should allow Northern Ireland to set its own rate of corporation tax from April 2017.  This will be at a time of expected significant changes in international tax rules which may impact the Republic of Ireland’s corporate tax regime.

The current rate paid by businesses in Northern Ireland is 21%, compared to 12.5% in the Republic of Ireland. If the rate was lowered, around 34,000 businesses in Northern Ireland would stand to benefit, including 26,500 SMEs.

Will this increase competition for IDA Ireland or will this boost bring economic fortunes to the Island as a whole?  Find out more at our Business Lunch taking place on Thursday 19th of February in the Newpark Hotel, Kilkenny, when Northern Ireland Minister for Enterprise, Trade and Investment Arlene Foster will speak on this topic as well as issues such as ‘Future Plans for Tourism Ireland’ and  ‘Future Plans for Intertrade Ireland’.

See news item below for more details and how to register for this important event. 

Feb 04

NORTHERN IRELAND MINISTER ARLENE FOSTER TO ADDRESS KILKENNY BUSINESS LUNCH

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To book your place at this event please Click Here

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