NAMA-funded development at Charlestown set to create 250 jobs

NAMA-funded development at Charlestown set to create 250 jobs

Charlestown Shopping Centre

The National Asset Management Agency has funded the €13m expansion of the Charlestown Shopping Centre in North Dublin which is expected to provide 250 construction jobs.

The development will start next week and involve the construction of a cinema complex and leisureplex at the shopping centre.

The site is situated off the M50 near Finglas and owned by the Bailey Brothers.

NAMA is understood to have funded the €13m expansion of the Charlestown Shopping Centre in North Dublin which is expected to provide 250 construction jobs.

NAMA has already funded the construction of two fast food restaurants which are due to open shortly with funding for both projects totalling €13 million.

It’s expected that when the development by G&T Crampton is finished it will create 250 full time jobs at the centre.

A spokesman for NAMA declined to discuss individual projects but said that the agency was always willing to commit funds to support developments where that would enhance the value of the asset and ultimately return a greater amount of money to the taxpayer.

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