THE IRISH might have drawn in their horns on home turf, but it is full steam ahead in the Slovakian capital, Bratislava.
There, developer Sean Mulyran’s Ballymore Properties (with noted economist Dr Peter Bacon on board as an executive director for the past several years) is on course with a €350 million development with all the swagger of our own now-departed Celtic Tiger era.
While international agents DTZ have recently been appointed as managers of what is Central Europe’s largest ongoing mixed use development, and with an obvious Irish angle there, it is good to note that at least lessons learned here so currently in the past month are being applied along the banks of the Danube.
Over €1 million is being spent on the Eurovea project to guard against flooding, with precautions being put in place to protect against 1,000 year flooding eventualities.
Ballymore’s ‘Bratislava Pack’s’ 230,000 sq m Eurovea scheme includes 250 apartments, a 209-bed Sheraton Hotel, Europe’s largest new public square, 650,000 sq ft of retail, leisure and entertainment with 150 retail shops, 30 restaurants, nine-screen multiplex cinema, 275,000 sq ft of offices, and parking for over 1,700 cars.
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