€7 million investment at new SuperValu store in Dundalk
SuperValu to anchor major new Fairways Retail Development by Dundalk developer Wonderglade
Print10 July 2017
Following the recent positive set of numbers for SuperValu, whereby the retailer reported sales of €2.67 billion for 2016 – an increase of 2.4% over the previous year – the supermarket today revealed more good news.
A new SuperValu store in Dundalk, Co. Louth, is due to open in autumn 2017; creating more than 40 jobs. The 17,600 square feet supermarket, representing a total investment of €7 million, will be located in a flagship new retail development at the former Fairways Hotel Site in Dundalk. A further 70 jobs will be supported during the development’s construction phase.
SuperValu Fairways will be the anchor premises of this €25 million development by local Dundalk Developer Wonderglade, which will also include a number of smaller retailer units. The SuperValu store will be operated by Dundalk retailer Richard Tiernan. The supermarket will include a butcher counter, fish counter and fresh bakery with in-store experts, as well as ample customer parking. According to the retailer, customers will receive “a tailored local Irish offer, with a range of locally-sourced produce from Louth suppliers including Moran Jams, Kookie Dough and Slig li to name but a few”.
Ciara Croffy, property development manager with Musgrave said the group was delighted to be the anchor tenant of phase one of this new development. “As Ireland’s leading grocery retailer with stores in every county, SuperValu is always looking for new opportunities to bring our market-leading offer to consumers across Ireland,” said Croffy.
As well as smaller retail units, the €25 million Fairways development will include a hotel, coffee shop and residential units when completed.
Patrick O’Callaghan of Wonderglade was keen to highlight the project’s employment creation. “As a local company, we are pleased to know that the development will create local jobs, both once complete and during the construction phase, which will be led by local Dundalk firm Denis Williams Design Services and by local Builder Hollywood Developments,” O’Callaghan said.
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