Oireachtas Joint and Select Committees
Thursday, 3 October 2024
Public Accounts Committee
Financial Statements 2022: University of Limerick
Special Report No. 117 of the Comptroller Auditor General: University of Limerick Property Acquisitions in Limerick City
9:30 am
Professor Shane Kilcommins:
The first thing to say is that the university always wanted to be in the city. You can see that from two previous strategic plans. You can see it from the capital development plan for the period 2014 to 2018. You can see it from the opera quarter development. The university to some extent existed in distant isolation out in the suburbs, and it was important that it be in the city. It always had an aspiration. There have obviously been difficulties with due diligence around the Dunnes Stores site. Where it is currently is that the university obtained a valuation in December 2023. There is a process whereby it is being looked at primarily by means of a business case in partnership with Limerick City Council. We are bringing it back into the university, so this is one of the things the chancellor spoke about in terms of-----