A SUBSIDIARY of Dairygold has been granted planning permission for a €100 million mixed-use development in Mallow, which is expected to create up to 400 jobs.
The mayor of Mallow, Cllr Noel O’Connor, confirmed yesterday the town council had granted Alchemy Properties permission to proceed with the project, which will include retail units, warehousing, offices, restaurants and residential units.
The site chosen is adjacent to where Dairygold has its 4Home outlet at the town’s west end and is one of the largest planned investments ever in Mallow.
The site earmarked for development was a major hub of dairy manufacturing before plant closures and outsourcing drastically reduced these activities.
“This is a major boost for Mallow and I hear that Alchemy Properties are keen to get started on the project as soon as possible. It has huge potential and as far as the town council members are concerned we’re giving it the thumbs up,” said Mr O’Connor.
Those behind the project believe the retail element will attract up to 70,000 shoppers a week and generate an annual turnover of about €50m.
The site is situated on the edge of Mallow town centre and is easily accessible by road and rail.
In addition, a new bus stop will be provided on the site along with pedestrian links to the town centre.
Proposed road improvements will include a new southern access route linking the main Cork-Limerick Road to Park Road.