Eden Finance plc - New Mixed-Use Project

On 27 January 2022, Eden Finance plc announced that the Planning Authority approved the permits for the redevelopment of the Cinema 16 block and the construction of 3 floors overlying the Eden SuperBowl. The mixed-use development will consist of a 4-star 168-room Holiday Inn Hotel, office space, a commercial complex, and the redevelopment and expansion of a Family Entertainment Centre.

Eden Group noted that it expects works to start in the coming weeks and should take between 2 to 3 years to complete at a cost of €32 million. The initial phase of the project will be financed through own funds whilst other options are being explored for the remaining funds required in 2023 onwards.