Galway Bay FM News Archives
GALWAY PROPERTY DEVELOPER AGREES DEAL WITH NAMA
Date Published: 15-May-2011
A Galway property developer has agreed on a memo of understanding with Nama in relation to an upmarket castle in Wicklow.
John Lally, the founder of Lalco, bought Humewood Castle at the peak of the boom and planned a €250 million development of the house and estate before the building collapse.
The Sunday Times is reporting that Lalco subsidiary Sova Properties, says Lalco and Nama are working to deliver on a business plan.
However no formal commitment of financing has been received yet.
Humewood Castle was a trophy project of the Galway developer and played host to film stars Keira Knightley and the Spice Girls.
Sova owed Anglo Irish Bank €114 million before the transfer of loans to Nama.
Date Published: 07-May-2013
Galway has a population of young people which is more than twice the national average.
According to information gathered by the Central Statistics Office, Galway’s population of 20 to 24 year olds is more than twice the national average.
The number of 25-34 year olds in Galway is also more than the norm nationally, with the two main colleges thought to be the main reason.
However immigration in Galway is much higher than in other areas at 19.4 percent, compared to the national average of 12 percent.
Date Published: 07-May-2013
A city councillor is encouraging people to donate goods directly to charity shops.
It follows allegations of thefts from clothes banks in Galway and across the country in recent months.
However, cameras are in place at some clothes banks and surveillance is carried out by local authorities.
Speaking on Galway Talks, Councillor Neil McNeilis said the problem of theft from clothes banks is widespread.
Date Published: 07-May-2013
A park ‘n’ ride scheme from Carnmore into Galway city could become a permanent service if there is public demand.
That’s according to the Chief Executive of Galway Chamber of Commerce, Michael Coyle.
The pilot scheme will begin at 7.20 next Monday morning, May 13th.
Motorists will be able to park cars at the airport carpark in Carnmore and avail of a bus transfer to Forster Street in the city.
Buses will depart every 20 minutes at peak times and every 30 minutes at offpeak times throughout the day, at a cost of 2 euro per journey.
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