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The Journal
22-06-2025
- Business
- The Journal
Plans unveiled seeking to turn Athlone into Ireland's first green city by 2040
DEVELOPER SEAN MULRYAN has published a blueprint plan to make Athlone, in Co Westmeath, Ireland's first green city by 2040. The CEO and chair of Ballymore first detailed the plan in an interview today with The Business Post . The plans have subsequently been announced by his firm. Included in the plan, which he says has been in the works for seven years, are blueprints for a 5,000-bed student accommodation village in order to grow the population of Athlone TU to 25,000 students. It also intends to revamp the Shannonside town centre, turning it into a riverfront city, and create a road network suitable for electric vehicles, driverless busses, cyclists and pedestrians. New health, educational, arts and sporting facilities are also included in the plan, which works under the estimate that the population of the town will grow to 100,000. A total of 20,000 zero-carbon homes are also included in the developer's vision. Alongside development works, Mulryan proposes that 5,000 hectares of surrounding land is allocated for rewilded wetlands, callows and rewetting of bogs. Advertisement The plan estimates that the town's population will reach the 100,000 mark by 2040. Ballymore hopes to secure private and public investment for its plan. It has also called for the adoption of the National Planning Framework to allow for the delivery of educational, residential, commercial and biodiverse infrastructure. Athlone and the surrounding areas must also be declared as nationally important strategic, enterprise and biodiversity zones, the firm said. It believes the blueprints are credible to address Ireland's demographic and environmental changes, as well as developing away from the East Coast. The firm said the plans have already been presented to 'senior policy makers' on a local and national level. Mulryan has also put together a steering committee for the project. The steering committee includes Mulryan, former Revenue boss Josephine Feehily, chair of Global Private Equity at Goldman Sachs Adrian Jones, founder of private equity firm Alchelyst Joan Kehoe, former president of DCU Brian MacCraith, CEO of Irish Rail Jim Meade and deputy managing director of Ballymore Linda Mulryan-Condron. 'We are sharing that vision now with wider Irish society, and we will do all we can to help it become a reality,' Mulryan said. 'But this plan needs to be driven from the top by government – by this administration and by the successor governments that take office in the years ahead – if it is to come to pass.' Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
Business Post
15-06-2025
- Business
- Business Post
Business Post launches the 2025 Leadership Awards
The Business Post has officially launched its second Leadership Awards, in association with Grant Thornton. Building on the success of last year's inaugural event, this year will again honour visionary executives, rising leaders, and changemakers who demonstrate innovation, integrity and influence in their fields. The awards will feature categories spanning corporate leadership, social impact, diversity and inclusion, and digital transformation. The awards ceremony, which will be held on November 6 at The Intercontinental Hotel in Dublin, is expected to draw top executives, entrepreneurs and thought leaders from across the country. 'Our Leadership Awards seek to recognise those leaders whose achievements have resonated with their staff, customers, clients and communities,' said Daniel McConnell, editor of the Business Post. 'They acknowledge the impact that effective leadership can have in terms of innovation, impact and growth.' 'This event is not just a recognition of individual success, but a testament to the power of effective leadership in driving innovation, fostering growth and creating lasting impact,' said Business Post chief executive Sarah Murphy. The launch comes at a time when leadership is being tested more than ever. From navigating post-pandemic shifts to championing sustainability and equity, today's leaders face challenges that require not just business acumen but empathy and adaptability. At last year's awards, a total of 14 awards were presented across a range of categories including CEO of the year (large business), CEO of the year (small to medium business), chief marketing officer of the year, ESG leader of the year, and chief financial officer of the year. Anne O'Leary, head of Meta Ireland, received the special achievement award for her outstanding contribution to business with more than 25 years of senior leadership roles in the IT sector. The judges noted that Anne has led with an attitude that has proven inspirational far beyond the organisations she has worked within.
Business Post
14-05-2025
- Business
- Business Post
Viewpoint: Is Gen Z leading the charge back to the office?
Viewpoint Viewpoint: Is Gen Z leading the charge back to the office? Vish Gain and Emma Hanrahan 12:36 The Business Post asked business leaders if they noticed this trend among younger workers, and if the Covid-19 pandemic may have driven a desire for more in-person contact.
Irish Times
04-05-2025
- Business
- Irish Times
One in five Irish households are millionaires
One in five Irish households are millionaires on the back of rocketing property prices, The Business Post reports. An analysis by wealth managers, Fordel, calculates that Irish household wealth was €1.3 trillion, or €663,630 on average, last year. That was almost double the €716 billion recorded at the peak of the property bubble in 2007. Fordel's report, written by Caoimhe Lane, investment analyst and Oliver Mooney, chief investment officer, says Irish household wealth now ranks second to Luxembourg in Europe. They say households benefit from technology, pharmaceutical, financial services and aircraft leasing firms locating here. READ MORE Legal merger a big shake-up Solicitors' William Fry's merger with rivals Eversheds Sutherland will be one of the biggest shake-ups in the Irish legal market for years, according to The Sunday Business Post. In an interview, William Fry's managing partner, Stephen Keogh, says that should it go ahead, it will boost the number of lawyers in his firm to more than 320 from 216 currently. The deal would also move William Fry to fourth place from sixth in the league table of Irish solicitors' firms. He argues that growth in the Irish legal market is more difficult now than 20 years ago, and the proposed merger could provide a 'huge injection' in both headcount and revenue. US students seek places The number of US students looking to study at Irish universities is soaring as third-level institutions face increased pressure from president Donald Trump's administration, The Sunday Independent says. 'Since Trump came to power in January, interest from US students in on-campus Bachelor's and Master's programmes in Ireland – at locations including Trinity College Dublin – rose by 63pc in the first quarter of 2025 compared to the same period last year,' says the newspaper. The figures, from global student search platform, Studyportals, indicate that the Republic is now Europe's sixth biggest market for US students. Intel sees Irish operations as 'critical' Kevin O'Buckley, who leads Intel's foundry business, has said the chipmaker's Irish operations are critical to its future, the Business Post reports. His comments come amid concerns for jobs at the Leixlip operation, with a restructuring under way aimed at turning around the troubled business. Last month the company said it would be reducing its global workforce by 20 per cent. But O'Buckley suggested Irish operations were a key part of the company's plan. 'As customer demand drives us to expand our capacity in [new chip making processes] or further, places like Ireland could be ideal,' O'Buckley said at the company's Direct Connect event, in San Jose, California. 'By far, the most advanced silicon in the EU today, in Europe, is coming from Intel's fabs in Ireland. 'Ireland is an incredibly important facility for us,' he added. Norway to US AI in buying shares Norway's $1.8 trillion oil fund, one of the world's biggest buyers of shares, expects to AI to save it $400 million a year in trading costs, The Financial Times reports. Nicolai Tangen, the sovereign wealth fund's chief executive, tells the newspaper that its trading bill is $2 billion annually, and it hopes that new technology will knock $400 million off that total. The fund, the proceeds of the Scandinavian country's oil and gas reserves, owns 1.5 per cent of every listed company globally on average and executes 46 million individual trades a-year. Its AI programmes predict the fund's buying and selling patterns.
