Edgeworthstown Continues to Expand

The Park House Hotel in Edgeworthstown has announced an €8,000,000 renovation and expansion of their premises. The new hotel will have 50 rooms and new retail units, underground parking, bar, restaurant and conference rooms. The project is being undertaken by Cllr. Frank Kilbride. This is the second hotel planned for the town. Bannbrook Properties are soon to start on their five star hotel and retail complex in the centre of town. The project will have a 72 bedroom hotel, 30 apartments, five houses, 12 shops, a pub, restaurant and offices. The new hotel will also include a swimming pool and fitness centre as well as a bar and restaurant. Directors of Bannbrook are John Fergus and Fergal Sheridan.

Commercial properties remain unsold after auctions

Two properties on the main shopping streets were recently up for auction but did not reach their reserve prices and are currently in negotiations. The bookshop building was withdrawn at auction on Friday at €875,000 and O'Reillys premises are taking bids through CBRE.

New Report Shows Continued Growth in Longford Property Prices

The new quarterly report from Daft.ie is out and shows some interesting statistics for Longford.

• Longford houses are 49 % cheaper than Dublin Houses.
• April 05 – April 06 Longford house prices are up 13.8 % and since Jan this year house prices are up 5.5 %.
• April 2005 average house price €220,000 - Jan 06 average house price €252,000.

Longford near top of Tables for Social Housing

The Comptroller and Auditor General has released a report saying €1.6 billion was spent on rent supplement since 2000; More than 60,000 are receiving support. Longford continues to have a disproportionate number of renters on rent allowance or in local authority housing. Full details of the report are available at the Auditors website.

Carrigglass Manor Launches

Local developer Tom Kearns has launched his ambitious new development at Cullyfad. The village close to Longford town is growing fast with several new developments eithier underway or in the planning stages. The development will include: Superb 18-hole championship golf course and 3-hole golf academy, co-designed by World no.3 Retief Goosen and renowned golf course architect Jeff Howes. Brand new landmark 96 bedroom four star hotel, spa and leisure complex. Carrigglas Manor will be restored to comprise 19 five star suites. The house was designed by Daniel Robertson and completed in 1840. New homes are set around a purpose built village centre within the walls of the estate and on the edge of the championship golf course. Over 600 acres of parkland and woodland offering walks, equestrian centre and leisure activities all with the security offered by a walled estate. The first phase of houses will be launching in the Autumn.
Full details are available from the Longford County Council Website.