Galway Bay FM News Archives
Industrial units set to lie idle as businesses leave town
Date Published: 25-Apr-2011
BY ENDA CUNNINGHAM
Galway City’s industrial property market is continuing to be hit by the economic downturn, as well as businesses moving out-of-town to more modern units, according to a new report.
And any potential tenants who have made enquiries about leasing industrial units in the city are demanding very flexible lease terms.
According to the report, low quality industrial units close to the city look set to remain vacant, with newer, purpose-built industrial parks in Oranmore and Claregalway set to attract all the interest from potential tenants.
Many existing industrial tenants in the city have begun to ‘abandon ship’ in favour of more modern out-of-town premises.
However, the report from DTZ Sherry Fitzgerald did find that despite the “surprisingly weak” performance of the market, vacancy rates in Galway are lower than anywhere else in the country.
The outlook for the rest of this year is bleak, with the lack of suitable industrial space and the recession being blamed.
At the moment, there is a vacancy rate of 13.5% in Galway, 15.4% in Cork, 24.4% in Dublin and 28.7% in Limerick.“
Read more in today’s Connacht Sentinel
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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