Overview
This report and the associated analysis online at www.cisireland.com, details the levels of pipeline and active construction over the period covering Quarter 2 2020, which represents the bulk of the construction activity since the onset of the Covid-19 Pandemic in late March.
Non Residential: Planning Pipeline Q2
Community and Sport
| Projects | Value Q2 | |
| Eastern and Midland | 23 | €52m |
| Southern | 32 | €8m |
| Northern and Western | 7 | €2m |
| Northern Ireland | 35 | €15m |
Commercial, Retail and Hospitality
The overall number of pipeline projects was 155 with a total value of €344.67 million.The largest project was the €120m Trinity Wharf Development in Wexford granted permission in late April by An Bord Pleanála. The big mover in this quarter was in the hotel sector where pipeline investment was 227% higher than the same period last year at €108m representing a total of 1,298 additional hotel bedrooms granted planning permission.
| Projects | Value Q2 | |
| Eastern and Midland | 41 | €287m |
| Southern | 45 | €77m |
| Northern and Western | 24 | €80m |
| Northern Ireland | 65 | €57m |
Industrial
The overall number of pipeline projects was 67 with a total value of €208.67 million. Plans were approved in June for a €102m Data Centre in Co. Meath. Warehousing and Logistics are the second largest sector after Data Centres with plans granted for 26 projects amounting to a total floor area of 82k Sq.M. Pipeline investment in this sector at €61m.
| Projects | Value Q2 | |
| Eastern and Midland | 24 | €152m |
| Southern | 33 | €50m |
| Northern and Western | 10 | €7m |
| Northern Ireland | 35 | €19m |
Education
Analysis shows that investment in schools stood at €82m. Third Level Education investment rose by 5% to €64m. Projects granted approval rose by 42% over Q1 2020 and the number of classrooms planned increased by 85 over the same period. The top five projects are spread between Cork, Dublin and Limerick and represent over 77% of all pipeline investment in the quarter.The largest project approved was the €35m Carrigtwohill School Project.
| Projects | Value Q2 | |
| Eastern and Midland | 29 | €66m |
| Southern | 36 | €78m |
| Northern and Western | 10 | €7m |
| Northern Ireland | 16 | €5m |
Medical
Sixty six percent of all plans granted by value came from the Nursing Home sector. In total 1,416 new nursing homes beds have been granted planning permission in the first two quarters.Three of the top 5 projects this quarter are based in the South West. The largest project approved was the HSE’s €22m construction of a three storey (approx. 6,657 sq. m) extension to the existing St. Luke’s radiation oncology centre.
| Projects | Value Q2 | |
| Eastern and Midland | 3 | €58m |
| Southern | 6 | €63m |
| Northern and Western | 1 | €7m |
| Northern Ireland | 3 | €0m |
Residential: Planning Pipeline Q2
There is an even split between the number of apartments granted planning (3,984) and the number of traditional housing units (4,104). A quarter of all projects are in the Dublin region (52) and they account for 55% of planned investment equating to 4,486 units. Largest project, granted via strategic planning application by An Bord Pleanála, was a €165m Residential Development in Cork City for 753 housing units (153 of which are apartments)
Source: www.cisireland.com
