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Project Opera
The 3.7-acre project at Opera Square is a landmark commercial development in Limerick City. The project will be capable of employing up to 3,000 people across a 450,000 sq ft campus designed to international best practice LEED Gold and ‘NZEB’ standards of project development.
General Overview
Project Status: On-schedule
Project Type: Mixed Use
Project Start: 2011
Project Location: Limerick
Project Details
- Name: Project Opera
- Owner: Limerick Twenty Thirty
- Location: Opera Site, Patrick Street, Limerick City
- When site was acquired: Limerick City and County Council Purchased Site in 2011 for €12.5 million
- Estimated project cost (€): c. €290 million
- Funding Allocated (€) & Source of funds: €170 million (European Investment Bank and Council of Europe Development Bank Loans) and €1.8 million in URDF call 1, €80 million funding from ISIF as part of a joint venture partnership
- Estimated Project Completion Date: Phase 1 Est. Dec 2025
- Date Page Last Updated: 13.01.2025
- Link to Website: https://limerick2030.ie/opera-site/
- Public consultations: Undertaken in November 2021
Preliminary Phases Status
Preliminary Phases
| Phase | Start Date | Finish Date | Phase Status | Comments |
|---|---|---|---|---|
| Project Conception | Nov-11 | complete |
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| Complete Site Onwership | Nov-11 | complete |
Tendering Phases
| Phase | Start Date | Finish Date | Phase Status | Comments |
|---|---|---|---|---|
| Planning Tendering & Appointment - One Opera Square | Oct-21 | complete |
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| Planning Tendering & Appointment - Commercial Tower, Library & Courtyard | Sep-21 | complete |
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| Construction Tendering & Appointment - Demolition | May-19 | Nov-19 | complete |
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| Construction Tendering & Appointment - Basement and One Opera Square | Nov-21 | Dec-22 | complete |
Contractor announced in Feb 23 |
| Construction Tendering & Appointment - Commercial Tower, Library & Courtyard | Nov-22 | Jan-24 | complete |
|
| Construction Tendering & Appointment - Library, Four Opera Sq office and Central Plaza | Dec-24 | Feb-25 | on-schedule |
Planning Phases
| Phase | Start Date | Finish Date | Phase Status | Comments |
|---|---|---|---|---|
| Master Planning | May-17 | Dec-18 | complete |
|
| Planning Submission & Approval | Mar-19 | Feb-20 | complete |
|
| Planning Amendments Submission & Approval | Nov-22 | Jan-24 | complete |
One further amendment to be submitted for hotel site in Q1 2025 |
Construction Phases
| Phase | Start Date | Finish Date | Phase Status | Comments |
|---|---|---|---|---|
| Commencement of Works on Site | Nov-20 | started |
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| Completion - Sitewide Basement and One Opera Square Building | Apr-25 | on-schedule |
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| Completion - Library | Est. 2025 | Est. 2027 | not-started |
* Subject to funding |
| Completion - 14-Storey Landmark Building | Est. 2025 | Est. 2027 | not-started |
* Subject to funding |
