Business district's €3m expansion boost as Brexit fears loom
It was a good news day in Sandyford yesterday as a €3m expansion plan for its business district was officially launched.
The scheme, spearheaded by the Sandyford Business Improvement District, will benefit at least 1,000 companies in the area.
Major initiatives include the launch of a smart district strategy, which now provides free public Wi-Fi, as well as improvements in infrastructure and landscaping.
Over the next five years, the industrial hub will continue to grow with the construction of more office space.
The offices will cater for up to 10,000 employees, which will add to the area's workforce.
There are also plans to build 600 new apartments in the area, which Jobs Minister Mary Mitchell O'Connor commended at the launch.
"You don't need me to tell you that housing is a pinch point, one our Government is tackling, but nevertheless you are showing foresight in providing this accommodation," she said of the business improvement district.
The minister assured businessmen from companies including Microsoft, AIB and JCDecaux, that the Government is "prepared" for Brexit.
She added that a minister appointed solely to deal with Brexit would not work, adding that it would be up to each individual ministry to deal with the issue.
However, the chief executive of Leopardstown Racecourse, Pat Keogh, said that the idea of having a Brexit Minister should be "kept under review".
"I'm very worried about Brexit. We have no idea what way it is going to impact at this stage; I don't think the British know," said Mr Keogh.
"If you look at the challenges that have faced this country over the years, I don't think there's ever been a challenge in the same league as Brexit," he added.