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Construction industry needs private sector activity to harness recovery

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Acclaimed...the new Engineering Building at NUIG.

Galway and the West needs increased private sector investment activity to anchor its recovery – that’s according to the AECOM Annual Review of the Construction Industry.

The international architecture and project management company which worked in Galway most recently on the new, critically acclaimed Engineering Building at NUIG.

AECOM Director John O’Regan – who is based in their Galway office – revealed that the firm anticipated construction industry activity nationally would grow by twelve to fifteen per cent in 2015 with this strong growth pattern due to continue as the economy recovers.

However, the East coast is experiencing faster growth than the rest of the country – including the Galway region.

“As with other regions outside Dublin, construction activity in Galway and the West needs increased private sector investment activity to anchor its recovery,” he said.

“There is confidence that this will be achieved in 2015 and 2016 through the combination of international investors starting to look outside of Dublin for value, coupled with domestic and FDI companies re-investing and expanding,” he added.

John O’Regan said that public capital expenditure has continued to be the primary driver of activity in the western region and this is likely to continue in 2015

“In civil engineering terms, 2014 finally saw contracts signed for the Gort to Tuam extension of the M17 motorway. Due for completion in 2018, it will provide a significant boost to the construction industry in the region.”

He highlighted the importance of development work at NUI Galway such as the Human Biology building and a 450 bed on-campus accommodation project.

Other work in the education sector and at Sligo and Portiuncula Hospitals will also be important for construction in the West.

“The level of private development has been muted, however, there is increased optimism that we see the start of private sector investment in 2015. In residential development, the second half of 2014 has seen the commencement of a limited number of new multi-unit developments in Galway city.

“On the commercial front, Hewlett Packard has taken possession of its new landmark office building in Galway – one of the largest developments of its kind in the region in recent years.”

John O’Regan said that the construction industry in Ireland in 2014 experienced a two-tier recovery.

For more, read this week’s Galway City Tribune.

Connacht Tribune

Scenic farmland for sale in Joyce Country

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Stunning vista: the farmhouse (bottom left of photo) for sale in Knockaunban Valley.

An outstanding residential hill farm in the renowned Maam Valley – better known as Joyce Country – a stunning and scenic hill farming area between Leenane and Maam.

Located in the Knockaunbaun Valley, which is a part of the Maum Turk mountain range, the farm extends to 114.04 hectares (281.79 acres) and is held in three large sections with other smaller sections along Bealnabrack River which flows into Lough Corrib nearby.

It provides excellent hill grazing on which a small herd of cattle and a large flock of sheep were farmed for many years. The land on both sides of a country lane is well fenced in the valley while a large section of hill on the Maum Turks being unfenced.

The dwelling house is nestled in a grove of pine trees is an 1930s cottage which consists of an entrance hall, living area, kitchen, three bedrooms and a bathroom. The roof and windows of the property were upgraded several years ago. However, the dwelling is in need of full refurbishment.

It has a private water source, mains electricity and a telephone connection. To the rear of the house there are a selection of traditional farm sheds with a storage shed to the front of the dwelling.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

Step into a wonderland set beside forest walks

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Ballinlass, Mountbellew

Cunningham Auctioneers are delighted to bring to market this superb standalone residence in Ballinlass, Mountbellew – in a tranquil setting with delightful forest walks on its doorstep.

Measuring 269 sq m (2,896 sq ft), this is a wonderful opportunity to acquire a luxurious family home which offers all that one could ask in terms of class and style.

It is situated just 3.5km from the town of Mountbellew, which offers an array of sporting, leisure and cultural facilities as well as a wide variety of shops.

The town is also well served with primary school, secondary schools, third level agricultural college under the Atlantic Technological University (formerly GMIT), post office, bank, credit union, church, 18 hole golf course, GAA club, children’s playground and a regular seven-day bus service to Galway and Roscommon.

The property was built in 2008 and stands on a large 0.9-acre site with a large garage to the rear. The ground floor comprises a beautiful large open plan kitchen/dining room finished to a high specification with gas and electric rangemaster and fitted Belfast sink.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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Connacht Tribune

Spacious detached house finished to high standard

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O’Donnellan & Joyce Auctioneers are handling the sale of this spacious detached residence in the Asca Beag development in Mincloon, just off the Rahoon Road in Galway City.

Constructed in 2006, Number 7 Asca Beag is a large home in very good condition with superior finishings such as hollowcore flooring, mosaic and porcelain tiling throughout, oak flooring and quality fittings.

Comprising 171.8 sq.m., the split-level style allows the property to benefit from ample reception and bedroom quarters.

The ground floor is arranged between large reception spaces with a separate living room with feature fireplace, an open-plan kitchen & reception area, and is completed via a guest bathroom with open shower.

The upper floors comprise four large bedrooms, two of which avail of their own en suites, and a main family bathroom. Externally, it offers ample parking to the front and an elevated garden space to the rear. Asca Beag is a small residential development in a cul-de-sac setting with communal green space.

The area offers a quiet rural feel whilst still having all amenities and services within close proximity being ideally located between Knocknacarra and Rahoon.

Additionally, the city centre, Salthill, NUIG and University Hospital are all within easy each.

Selling agent Hugh O’Donnellan said: “This would be the ideal family home in a quiet & friendly setting that boasts both a rural feel whilst still being within easy reach of all requirements.”

■ The asking price is €525,000. For further information or to arrange a viewing, contact O’Donnellan & Joyce Auctioneers on 091 564212.

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