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Multi-million investment for east Clare

This article is from page 2 of the 2008-01-29 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 2 JPG

THE east Clare economy is to receive a massive boost with a health farm resort, formerly jointly owned by Paschal Carmody, to be transformed into a multi-million euro mixed use integrated tourism, recreational and commercial development.

For a number of years, the former doctor and his wife, Dr Frieda Car- mody, operated a health farm at Ti- narana House on the shores of Lough Derg at Islandcosgry, Ogonnelloe.

However, the couple sold their property in summer 2006 in a multi- million euro deal to a Limerick city investor and businessman for an un-

disclosed sum.

Tinarana House resort and spa is set on almost 300 acres near Killa- loe. Last week, the new owners of the prestigious property, Tinarana Ltd., published a planning notice outlining the scale of the proposal for Tinarana House and the lands.

The biggest single investment in the east Clare economy in a number of years, the planning application involves the extension of the exist- ing commercial operation and refur- bishment of Tinarana House, which is a protected structure to include an apart-hotel comprising of 30 two bedroom accommodation suites.

The refurbishment of ‘Tinarana

House will also include multi-pur- pose banqueting, a function/confer- ence facilities and a spa and wellness oon anes

The development is to also include the provision of 155 two bed short term accommodation units and a 18 hole championship golf course that will include a clubhouse, restaurant and bar facilities within the proposed extension of Tinarana House.

The proposal also includes the de- velopment of an equestrian holiday centre comprising of indoor and out- door equestrian areas that includes 20 horse stables.

The plan coincides with Clare County Council putting in place a

number of economic stimuli to aid the east Clare economy.

Earlier this year, the council stated that the construction of a new €30 million bridge across the River Shannon south of Killaloe would commence in two years.

The provision of the long antici- pated bridge will see the end of the traffic gridlock in the heritage towns of Killaloe and Ballina.

The council is also progressing a €2million amenity scheme for the Ballycuggeran area adjoining Lough Derg. It has revealed that provision has been made in the 2008 budget for the preparation of a Lough Derg Marina Tourism Plan.”

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