shopping center ferrybank???

sumthng2say10 · 26-07-2010 7:23pm #1

does anybody know if the shopping center in ferrybank is ever going to open? its been built for ages what a waste

wmpdd3 · 26-07-2010 7:55pm

Latest news I have is Dunnes are due to open in 12 weeks time. I still won't believe it till I see it.

That came from a rep from another supermarket.

wobbles · 26-07-2010 8:13pm

i think dunnes would be great in there, provided there was free parking. If they were to charge then i simple wouldnt go, as theres alternetives with free parking. We often find ourselves going to aldi out there as its less hassle than parking at the one in town.

JohnC. · 26-07-2010 8:28pm

wmpdd3 wrote: »

Latest news I have is Dunnes are due to open in 12 weeks time. I still won't believe it till I see it.

That came from a rep from another supermarket.

I also heard they had been laying their floor in there. If there's only 12 weeks, I'd imagine recruitment notices won't be too far off, which would confirm it.

sumthng2say10 · 27-07-2010 12:28am

yea hopefully it will open because it would create a lot of jobs that are needed!! also it looks like a brilliant shopping center from the outside anyways i can see a lot of potential better than city square i reckon! lol.

Sully · 27-07-2010 3:55am

Haven't seen any activity their recently. Kinda hard for Dunnes to open with nothing else there.

I think Aquos lives near - he may have a better idea of activity levels!

homolumo · 27-07-2010 7:33am

this would be great news and I would be more inclined to do grocery shopping
in Dunnes as it would be handier than the city centre one.jkmn

Junior · 27-07-2010 8:41am

Is there not a court case pending ?

thomasm · 27-07-2010 10:38am

Definetly more activity inside recently but I would imagine if they were opening in 12 weeks we would have heard more about it by now.

lulut · 27-07-2010 1:52pm

From Sunday Business Post 20/6/2010

...[T]enant difficulties are rumoured to have plagued Deerland Construction's Ferrybank Shopping Centre at Abbeylands in Waterford.
The €120 million mixed-use centre, built by John Paul Construction and designed by Oppermann Associates, is set on a seven-acre site, within one mile of the Rice Memorial Bridge off the N25.
Although construction is almost fully complete, its opening has been delayed. A source has confirmed to the Sunday Business Post that "realistically, the centre will not open this year".
He said there had been a delay in securing an anchor tenant and that it would be the mid-point of next year before the scheme would open.
The complex comprises 30,000 square metres of retail and commercial space over a two-storey basement with parking for 1.200 cars. It is the largest shopping centre scheme in Waterford.
Attempts to contact Deer-land Construction last week were unsuccessful.

Aquos76 · 27-07-2010 10:24pm

Sully wrote: »

Haven't seen any activity their recently. Kinda hard for Dunnes to open with nothing else there.

I think Aquos lives near - he may have a better idea of activity levels!

Havnt been down that way in a while however I'll take a stroll down tomorrow evening and see if I can see any signs of a shop fit out or something

Hells Belle · 29-07-2010 10:44am

I was outside it yesterday and tbh it looks the same as it did a few months ago - ie no change. The outside is finished but the inside is very bare from what I could see. There weren't any workers milling around and that was at 4pm.

wellboytoo · 30-07-2010 9:58am

Heres my tuppence halpenny worth,
It will never open and in a few years time we will see some if not all of it being demolished. It is too big always was too big , when Waterford City Council and the Chamber objected to it on the basis that it was to big, it was ignored by KK planners , just a greedy grab at rates, but now we have the worst of all worlds a huge (nice) building in the wrong place,wait till the vandalism starts as always does with empty buildings .

abouttobebanned · 30-07-2010 10:36am

That's the most expensive tuppence hapenny I've ever seen.

wellboytoo · 30-07-2010 11:23am

lol , yes it is but watch this space,

dermo909 · 30-07-2010 2:22pm

I fear he's right though. I'm amazed that it has'nt started looking like the ard ri yet......

abouttobebanned · 30-07-2010 4:13pm

I think it makes more sense to fill the place up with shops/supermarket at a negotiable rent rate. Anything has to be better than an empty unit that size.

RoyMcC · 30-07-2010 4:16pm

Hi guys, is this Ross Abbey Shopping Centre, up beyond Ard Glas? During my short spell in Waterford last year I used to imagine the owner of the minimarket across the road smiling every morning as he opened up

Hells Belle · 30-07-2010 4:29pm

RoyMcC wrote: »

Hi guys, is this Ross Abbey Shopping Centre, up beyond Ard Glas? During my short spell in Waterford last year I used to imagine the owner of the minimarket across the road smiling every morning as he opened up

No, its the big one across from the Boy's School in Ferrybank. The one up by Abbey Park is deserted, I'd be very amazed if it wasn't a namashack :rolleyes:

wellboytoo · 03-08-2010 12:40pm

The problem with NAMA doing deals with property for very small rents, is it depress's further the rental market and creates another crash! Same if they try to sell off properties at a massive discount, it crash's the market, it is set up as a bank for these assets, and let the market stabilise, and release them slowly over a long time , so as not to unstabilise what is a very fragile, if non existent market.

Road-Hog · 03-08-2010 11:15pm

wellboytoo wrote: »

The problem with NAMA doing deals with property for very small rents, is it depress's further the rental market and creates another crash! Same if they try to sell off properties at a massive discount, it crash's the market, it is set up as a bank for these assets, and let the market stabilise, and release them slowly over a long time , so as not to unstabilise what is a very fragile, if non existent market.

Just as we were told that the market woudl eventually sort out the house price inflation in the period 1994 to 2007.......market forces would come into play and when supply equalled demand for houses prices would flatten out and everything woudl be honky dory.......we all know what happened with the Fianna Failure mantra......!

wellboytoo · 04-08-2010 8:53am

Road-Hog wrote: »

Just as we were told that the market woudl eventually sort out the house price inflation in the period 1994 to 2007.......market forces would come into play and when supply equalled demand for houses prices would flatten out and everything woudl be honky dory.......we all know what happened with the Fianna Failure mantra......!

No nothing at all to do with it,it was not a political statement I was making, but an economic one,try keep your prejudices in check!

dayshah · 04-08-2010 1:19pm

wellboytoo wrote: »

The problem with NAMA doing deals with property for very small rents, is it depress's further the rental market and creates another crash! Same if they try to sell off properties at a massive discount, it crash's the market, it is set up as a bank for these assets, and let the market stabilise, and release them slowly over a long time , so as not to unstabilise what is a very fragile, if non existent market.

Low rents are bad for landlords and good for everyone else in the city.

wellboytoo · 04-08-2010 1:43pm

dayshah wrote: »

Low rents are bad for landlords and good for everyone else in the city.

Agreed , and it was out of control totally, but it has to reach a level that everyone can live with tenants and landlords alike, if not we will never get out of the deep dodo we are all in at the moment.

Manic087 · 08-08-2010 12:10am

I live in Bellfield behind the shopping centre and I don't think anything has been done to it in a while. Now I'm not always in and around there for different reasons but I think there's just security around there at the moment. What I had heard was that Dunnes were supposed to move in there but were waiting for some of the other lots in the place to be taken up and they wouldn't take residency there until that was done. If that's the case I'm doubting there'll be any movement for a while yet.

As I said I'm not sure and some of that is on hearsay so if I'm wrong I hold my hands up and apologise!!

wmpdd3 · 03-04-2011 9:09pm

This came up in another thread and I hadn't seen this piece from the Irish Times in 2009.

So much has changed, you'd wonder will it ever be opened:

http://www.independent.ie/business/commercial-property/jobs-boost-as-shopping-centres-are-on-track-to-open-this-year-1684801.html

In Waterford the €120m Ferrybank Shopping Centre is on target to open later this year, creating 500 jobs when fully let.

Providing a welcome boost for the area, developer, Deerland Properties -- headed by Derry McPhillips -- has confirmed October 28 as the opening date for the new shopping centre.

The centre is being located on a 12 acre site with over 250 meters of national primary road frontage onto the N25 New Ross Road.

No longer on the N25, its on the R711!

Ferrybank is an emerging town with a rapidly growing residential population. The plans for Ferrybank indicate a town population of 20,000 people within the next eight years, combined with further larger catchment populations within 20 minutes drive time.

I think the current population is 4,000.

Access

Ferrybank Centre is within a one mile distance of the Rice Memorial Bridge which is the main point of access to Waterford City and County.

Well thats still true.

Designed by leading architects Opperman & Associates, it will feature 23 retail units, anchored by a large Dunnes Stores department store, with car-parking capacity in excess of 1,100 car spaces.

Dunnes Stores signed contracts for the anchor unit in 2007 and will provide a 7,000sqm department store offering a full range of fresh food, homeware and fashion.

As far as I know, they never had planning permission for clothing and homeware, but that never stopped anyone.

Tesco has enjoyed a dominant trading position in this area for many years. So the arrival of Dunnes will mark a significant local milestone.

Negotiations are under way with retailers on the balance of the district centre tenant units, agent CB Richard Ellis reports.

CBRE director Cormac Kennedy says that interest is strong, given that it will be one of the few schemes in Ireland opening in 2009, and will be the only significant scheme to open in this general area in the last decade.

Meantime, there are opportunities for various retailers including fashion, coffee shops, and newsagents etc. Rents range from €484 to €670 per sqm.

€500,000 for a 1000 sq/ft shop for a year!

.

- CON POWER

romulus augustulus · 04-04-2011 2:21pm

wellboytoo wrote: »

Agreed , and it was out of control totally, but it has to reach a level that everyone can live with tenants and landlords alike, if not we will never get out of the deep dodo we are all in at the moment.

My tuppence worth is that Wellboytoo's point is a good one and we have to have a slow and managed retreat in rents or we will only deepen the property slump(if that's possible).

What I'd also like to know , though , is how F/bank would cope with the traffic if it ever opens ? There is no way that roundabout could cope with heavy traffic entering/leaving the shopping centre ,even with the small reduction in traffic due to the new bridge . I try to give our esteemed elected representatives the benefit of the doubt when I can , but that shopping centre was madness on traffic levels alone . Could you imagine the traffic chaos leading up to Christmas with effectively only one exit onto Belmont Road ?

wmpdd3 · 05-04-2011 12:28am

Agree completely, when you think of the entrance to McDonagh and The Showgrounds. The R711 is still as busy as the N25 ever was.

Wouldn't like to be living in the housing estate behind it if it did open with decent shops.

Smile12 · 20-02-2012 5:14pm

has anyone heard anything more about jobs for the shopping center because its suppose be open in april?

Sully · 20-02-2012 5:22pm

I was told over the weekend Dunnes have gone back to court so they wont be there, but the Library is being opened as planned?!

Smile12 · 20-02-2012 5:30pm

how do you find out what shops are goin to be in it.. so you can apply beforehand?

shopping center ferrybank???

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