Coillte Agrees Sale of 375 Acre Site at Newcastle Wood, Ballymahon to Center Parcs

 

Center Parcs, a leader in the UK family short break market, has recently announced plans to develop a holiday village at Newcastle Wood, five kilometres from Ballymahon, County Longford.

The 375 acre site is currently owned by Coillte and Center Parcs has signed an option agreement with the company.
The new Center Parcs, which is expected to open to guests in 2019 (subject to receiving satisfactory planning permission), will create approximately 750 jobs during construction. Once open, the €200 million development will have capacity for up to 2,500 guests and will employ up to 1,000 people in permanent jobs.

Center Parcs estimates that, when operational, the new holiday village will add approximately €32 million to Irish GDP per annum.

Speaking recently at the announcement of this exciting project, Mark Foley, Managing Director of Coillte Enterprise, said:
“Coillte is delighted to have been able to play its part in facilitating this major inwards investment opportunity through the sale of forest land to Center Parcs. Coillte is particularly pleased that this opportunity will deliver quality jobs in this exciting and sustainable tourism initiative. Tourism has been identified as a key sector for growth in jobs and Coillte, as Ireland’s largest provider of outdoor recreation, welcomes this major project.”

Source: Coillte – Coillte Agrees Sale of 375 Acre Site at Newcastle Wood, Ballymahon to Center Parcs