Latest news with #Glassworks
The Journal
2 days ago
- Business
- The Journal
Former Waterford Crystal site to become part of enterprise centre on university campus
THE FORMER WATERFORD Crystal manufacturing site is to become part of the country's first co-located university enterprise quarter. A 37-acre 'Glassworks' site will be established as part of the €130m plan, featuring offices beside the South East Technological University's (SETU) academic and research facilities. The site will develop to have capacity for up to 6,000 employees, and planning permission has also been granted for a 582-student bed development on adjacent land. It is hoped it can help to improve economic growth, research and education in Waterford and the wider south-east region. The move comes 16 years after crystal manufacturing ended at the Kilbarry site. It has been described as taking inspiration from successful international university enterprise quarters such as the University of Nottingham's Innovation Park and the Cortex innovation district in St Louis, Missouri, US. SETU President Professor Veronica Campbell said Glassworks' launch is a 'defining moment for the region and Ireland as a whole'. Advertisement 'Glassworks will play a pivotal role in Ireland's knowledge economy, where students, start-ups and researchers can collaborate, test ideas and create the next generation of ground-breaking products, technologies and businesses,' she said. The first commercial building is being developed with a €43m investment by a joint venture between the Ireland Strategic Investment Fund (ISIF) and Frisby, the Waterford-based developers. Frisby director Noel Frisby Jr said: 'The crystal factory brought Waterford to the world and now Glassworks will bring the world to Waterford. 'This is a place where research, creativity and business ambition can thrive, and where our regional economy will continue to grow.' Building One, the initial 80,000 square foot flagship office building, is expected to open by the end of the year with capacity for 800 employees, Director of ISIF Nick Ashmore said: 'Glassworks will create unique opportunities for both local and international businesses and act as a cornerstone for the south east's future development. 'ISIF's commitment to Building One is an example of its double bottom line mandate at work, investing on a commercial basis in a manner designed to support economic activity and employment in the state. 'This joint venture, as part of ISIF's city-specific investment programme, will support investment in Waterford as well as Cork, Galway, Limerick and Kilkenny, in the form of new places to work, to live and enabling investments to support these regions.'
Belfast Telegraph
2 days ago
- Business
- Belfast Telegraph
Former Waterford Crystal site to become university enterprise quarter
A 37-acre Glassworks site will be established as part of the 130 million euro initiative, featuring world-class offices beside the South East Technological University's (SETU) academic and research facilities. It is hoped it will act as an engine for high-quality employment, economic growth, research and education in Waterford and the wider south-east region. The site will develop to have capacity for up to 6,000 employees, and planning permission has also been granted for a 582-student bed development on adjacent land. The move comes 16 years after crystal manufacturing ended at the Kilbarry site, It has been described as taking inspiration from successful international university enterprise quarters such as the University of Nottingham's Innovation Park and the Cortex innovation district in St Louis, Missouri, US. SETU president Professor Veronica Campbell said Glassworks' launch is a 'defining moment for the region and Ireland as a whole'. 'Glassworks will play a pivotal role in Ireland's knowledge economy, where students, start-ups and researchers can collaborate, test ideas and create the next generation of ground-breaking products, technologies and businesses,' she said. The first commercial building is being developed with a 43 million euro investment by a joint venture between the Ireland Strategic Investment Fund (ISIF) and Frisby, the Waterford-based developers. Frisby director Noel Frisby Jr said: 'The crystal factory brought Waterford to the world and now Glassworks will bring the world to Waterford. 'This is a place where research, creativity and business ambition can thrive, and where our regional economy will continue to grow.' Building One, the initial 80,000 square foot flagship office building, is expected to open by the end of the year with capacity for 800 employees, Director of ISIF, Nick Ashmore, added: 'Glassworks will create unique opportunities for both local and international businesses and act as a cornerstone for the south east's future development. 'ISIF's commitment to Building One is an example of its double bottom line mandate at work, investing on a commercial basis in a manner designed to support economic activity and employment in the state. 'This joint venture, as part of ISIF's city-specific investment programme, will support investment in Waterford as well as Cork, Galway, Limerick and Kilkenny, in the form of new places to work, to live and enabling investments to support these regions.'
BreakingNews.ie
2 days ago
- Business
- BreakingNews.ie
Former Waterford Crystal site to become university enterprise quarter
The former Waterford Crystal manufacturing site is to be transformed into part of the country's first co-located university enterprise quarter. A 37-acre Glassworks site will be established as part of the €130 million initiative, featuring world-class offices beside the South East Technological University's (SETU) academic and research facilities. Advertisement It is hoped it will act as an engine for high-quality employment, economic growth, research and education in Waterford and the wider south-east region. The site will develop to have capacity for up to 6,000 employees, and planning permission has also been granted for a 582-student bed development on adjacent land. The move comes 16 years after crystal manufacturing ended at the Kilbarry site. It has been described as taking inspiration from successful international university enterprise quarters such as the University of Nottingham's Innovation Park and the Cortex innovation district in St Louis, Missouri, US. Advertisement SETU president Professor Veronica Campbell said Glassworks' launch is a 'defining moment for the region and Ireland as a whole'. 'Glassworks will play a pivotal role in Ireland's knowledge economy, where students, start-ups and researchers can collaborate, test ideas and create the next generation of ground-breaking products, technologies and businesses,' she said. The first commercial building is being developed with a €43 million investment by a joint venture between the Ireland Strategic Investment Fund (ISIF) and Frisby, the Waterford-based developers. Frisby director Noel Frisby Jr said: 'The crystal factory brought Waterford to the world and now Glassworks will bring the world to Waterford. Advertisement 'This is a place where research, creativity and business ambition can thrive, and where our regional economy will continue to grow.' Building One, the initial 80,000 square foot flagship office building, is expected to open by the end of the year with capacity for 800 employees. Director of ISIF, Nick Ashmore, added: 'Glassworks will create unique opportunities for both local and international businesses and act as a cornerstone for the south east's future development. 'ISIF's commitment to Building One is an example of its double bottom line mandate at work, investing on a commercial basis in a manner designed to support economic activity and employment in the state. Advertisement 'This joint venture, as part of ISIF's city-specific investment programme, will support investment in Waterford as well as Cork, Galway, Limerick and Kilkenny, in the form of new places to work, to live and enabling investments to support these regions.'
Irish Examiner
2 days ago
- Business
- Irish Examiner
Former Waterford Crystal site to become university enterprise quarter
The former Waterford Crystal manufacturing site is to be transformed into part of the country's first co-located university enterprise quarter. A 37-acre Glassworks site will be established as part of the €130m initiative, featuring world-class offices beside the South East Technological University's (SETU) academic and research facilities. It is hoped it will act as an engine for high-quality employment, economic growth, research and education in Waterford and the wider south-east region. The site will develop to have capacity for up to 6,000 employees, and planning permission has also been granted for a 582-student bed development on adjacent land. The move comes 16 years after crystal manufacturing ended at the Kilbarry site. The former Waterford Crystal manufacturing site is to be transformed into part of the country's first co-located university enterprise quarter. Picture: Sasko Lazarov/ It has been described as taking inspiration from successful international university enterprise quarters such as the University of Nottingham's Innovation Park and the Cortex innovation district in St Louis, Missouri, US. SETU president Professor Veronica Campbell said Glassworks' launch is a 'defining moment for the region and Ireland as a whole'. 'Glassworks will play a pivotal role in Ireland's knowledge economy, where students, start-ups and researchers can collaborate, test ideas and create the next generation of ground-breaking products, technologies and businesses,' she said. The first commercial building is being developed with a €43m investment by a joint venture between the Ireland Strategic Investment Fund (ISIF) and Frisby, the Waterford-based developers. Frisby director Noel Frisby Jr said: 'The crystal factory brought Waterford to the world and now Glassworks will bring the world to Waterford. 'This is a place where research, creativity and business ambition can thrive, and where our regional economy will continue to grow.' An impression of the entrance of Building One, the initial flagship office building of the Glassworks University Enterprise Quarter. Picture: Patrick Browne/PA Building One, the initial 80,000 square foot flagship office building, is expected to open by the end of the year with capacity for 800 employees. Director of ISIF, Nick Ashmore, added: 'Glassworks will create unique opportunities for both local and international businesses and act as a cornerstone for the south east's future development. 'ISIF's commitment to Building One is an example of its double bottom line mandate at work, investing on a commercial basis in a manner designed to support economic activity and employment in the state. 'This joint venture, as part of ISIF's city-specific investment programme, will support investment in Waterford as well as Cork, Galway, Limerick and Kilkenny, in the form of new places to work, to live and enabling investments to support these regions.'
RTÉ News
2 days ago
- Business
- RTÉ News
Former Waterford Crystal site in €130m transformation
The former Waterford Crystal manufacturing site is to be transformed to form part of the country's first co-located university enterprise quarter in a €130 million initiative. The 37-acre 'Glassworks' site is set to feature offices strategically located beside the South East Technological University's (SETU) academic and research facilities. The positioning of Glassworks, on Waterford's Cork Road beside SETU, is aimed to act as an engine for high-quality employment, economic growth, research and education in Waterford and the wider south east region. A media briefing at the site today was told it is expected to eventually have capacity for up to 6,000 employees. Planning permission has also been granted for a 582-student bed development on adjacent lands. It is 16 years since crystal manufacturing ended at the Kilbarry site and the new development aims to take inspiration from successful international university enterprise quarters such as the University of Nottingham's Innovation Park and the Cortex innovation district in St Louis, Missouri. SETU President Professor Veronica Campbell says that Glassworks' launch is a defining moment for the region and Ireland as a whole. "Glassworks will play a pivotal role in Ireland's knowledge economy where students, startups and researchers can collaborate, test ideas and create the next generation of ground-breaking products, technologies and businesses," she said. The first commercial building is being developed with a €43m investment by a joint venture formed between the Ireland Strategic Investment Fund (ISIF) and Frisby, the Waterford-based developers. "The crystal factory brought Waterford to the world and now Glassworks will bring the world to Waterford," said Frisby director, Noel Frisby Jnr. "This is a place where research, creativity, and business ambition can thrive, and where our regional economy will continue to grow." 'Building One', the initial 80,000 sq ft flagship office building, is expected to open by the end of the year. It will have capacity for 800 employees and will be Waterford's first purpose-built, BER A3 rated office building that meets LEED Gold and WiredScore Gold standards. "Glassworks will create unique opportunities for both local and international businesses and act as a cornerstone for the south east's future development," said Director of ISIF, Nick Ashmore. "This joint venture, as part of ISIF's city-specific investment programme, will support investment in Waterford as well as Cork, Galway, Limerick and Kilkenny, in the form of new places to work, to live and enabling investments to support these regions." Its expected that over the coming years, there will be potential for the development of further purpose-built buildings to accommodate businesses, researchers and students.
