The hospital, which will be located on the Dock Road, will have 95 beds, six operating theatres, a state-of-the-art physiotherapy centre and 14 recovery units.
Work is to commence straight away and the first patients will be cared for in 2007. The design provides for a three-tier underground parking facility for ambulances, as well as patients and visitor access.
The new hospital will provide a wide range of medical services including intensive care and long stay.
A Limerick company, Blackberry Park Properties Ltd have received full planning permission from Limerick County Council.
Shay Sweeney, managing director of the company, said: “The new private hospital is the culmination of years of hard work and will be dedicated to providing the very best in healthcare service and facilities for patients.
“The need for a private hospital in the Mid-West is evident and we look forward to opening the hospital in 2007.”
The construction work will take about 18 months to complete and will involve more than 300 workers.
Mr Sweeney said: “The Blackberry Medical Facility is the first generation private hospital in Limerick to secure planning permission and will be one of the first custom built private hospitals in Ireland.”
More than €3m has already been spent on the preparatory work and the project will entail a total investment of about €60m.
The hospital will be located near the Mid-Western Regional Hospital and will be easily accessible from the new Southern Ring Road and the Shannon tunnel.
Gemini Consulting Group Inc, a firm which has developed numerous hospital networks in the US, has worked with Blackberry Park Properties in developing the new Limerick project.
Tom Kane, owner of Adare Manor has applied to build a 100-bed private clinic in the Manor grounds. He plans to have the new clinic open by 2008.
Mr Kane said his new clinic will not include an intensive care unit as one already exists ten miles away in the Mid-Western Regional Hospital. The Barrington’s Clinic in Limerick now caters for an increasing number of private patients and has many visiting consultants from Harley Street, London.