The Irish Times

Controversial plans to sell more than 40 acres of prime docklands in Limerick to make way for a possible €1 billion redevelopment have been put on hold, it emerged yesterday. Last week the Shannon Foynes Port Company unveiled an artist's impression of the redeveloped docks, which it claimed would generate more than 1,000 jobs in Limerick and inject some €50 million into the local economy. In a detailed statement the port company said it was at an "advanced stage" of considering expressions of interest from developers keen to acquire some of the prime city centre sites. However, just days after the company launched its major publicity drive aimed at promoting the sale and redevelopment of the docks, it emerged yesterday that all plans have been put on hold.