SuperValu parent company takes ownership of Knocknacarra landbank
Published:
-
-
Author: Enda Cunningham
~ 2 minutes read
From this week's Galway City Tribune
From the Galway City Tribune – The company behind the SuperValu supermarket chain has taken ownership of a significant landbank between Knocknacarra and Kingston.
Cedarglade Ltd, which is a subsidiary of Musgraves, has listed itself as the owner of almost 14 acres of land off the Western Distributor Road.
Part of that site was previously the subject of a proposal for a €30 million shopping complex which was turned down by planners – the ‘Kingston Cross’ scheme was to be anchored by Tesco and sports retail giant Decathlon.
The Musgrave Group is expected to draw up plans for a major development on the site.
In a planning application currently before Galway City Council, Cedarglade Ltd – a Musgrave Group subsidiary which operates the SuperValu and Centra brands – has sought permission to retain existing and erect new security fencing around the lands for a period of three years.
This article first appeared in the print edition of the Galway City Tribune. You can support our journalism by subscribing to the Galway City Tribune HERE. A one-year digital subscription costs just €89.00. The print edition is in shops every Friday.
According to the application, the fencing is being provided to secure the landbank – which sits on the opposite side of the Western Distributor Road to Aldi and Lidl – for health and safety reasons. Cedarglade has declared itself as owner of the lands in the planning application.
An Bord Pleanála refused permission last year for a €30 million shopping complex on part of the lands, ruling that it would be “deficient and substandard in quality”.
1 Kingston Cross Ltd, which is ultimately owned by Alanis Capital and the US vulture fund Oaktree Capital, told the Planning Appeals Board they received a “hostile reception” to their proposals, and accused Galway City Council of resisting any form of development on the lands. The Kingston Cross company owned the lands at the time, and still owns Gateway Shopping Park on the opposite side of the Western Distributor Road.
A spokesperson for the Musgrave Group had not responded to queries from the Galway City Tribune at the time of publication.
Musgraves also own brands such as Daybreak, Mace, La Rousse Foods, Donnybrook Fair, Frank and Honest Coffee, and employs more than 41,000 people across 1,000 stores in Ireland, Northern Ireland and Spain. Last year, the company acquired the iconic McCambridges business on Shop Street in Galway.
More like this:
City Flood Defence Scheme a decade away from completion
A flood relief scheme for Galway City is likely to take another ten years before it is completed....
No changes to Galway routes as Irish Rail revises new timetable
There are no changes to Galway routes as Irish Rail have released a statement they will be revisi...
Calls for improved accessibility at Long Point swimming area Loughrea
Galway County Council is being urged to improve accessibility at the Long Point swimming area in ...
New modern wards at Portiuncula Hospital to open on a phased basis from mid-October
Taoiseach Simon Harris has officially opened the new 50 bed ward block at Portiuncula Hospital in...
Galway hospitality businesses majorly concerned over challenges to industry
Galway businesses are coming together to voice their major concerns with the current state of the...
Loss of water supply in Rosshill and Merlin Park areas due to burst water main
Residents in the Rosshill and Merlin Park areas are being advised they may experience water outag...
Taoiseach says the new modern bed block will be transformational for Portiuncula Hospital Ballinasloe
Taoiseach Simon Harris has officially opened the new 50 bed ward block at Portiuncula Hospital in...
Aran Islands lifeboat rescues three kayakers off Kilronan pier
The Aran Islands lifeboat has rescued three kayakers off Kilronan pier. A member of the public ap...
Court Services urged to repair ‘vital’ car-parking area on Dublin Road in Tuam
The Courts Services are being urged to repair an area of car parking it owns on the Dublin Road i...