More than 300 businesses with over 10,000 employees currently call the Shannon Airport Business Park home.

This week, the firm applied for permission from Clare County Council to build a 40,000 square foot research and development facility and a 63,000 square foot industrial unit on a greenfield site at the Shannon Airport Business Park, which is located near to Shannon Airport.

These changes represent the most recent stage of The Shannon Airport Group's multi-year business park renovation project.

Significant investment has been made in the group's industrial and R&D property solutions for businesses looking to locate in the Midwest, as well as in the renovation and retrofitting of existing properties throughout the Shannon Campus.

In addition to 286 designated on-site parking places, office and warehouse spaces, yard areas, roof and ground mounted photovoltaic panels for on-site renewable energy generation, and EV charging stations are all included in the proposed designs.

The Shannon Airport Group's Group Property Director, Gerry Dillon, stated that the company is still dedicated to its investment strategy of developing and offering high-quality real estate solutions that draw both foreign direct investment and domestic investment to the area.

"The demand for R&D and Industrial property in the Midwest remains strong as we have seen with our growth in business tenants across multiple sectors in recent years," Mr Dillon added.

"Developments like this ensure that the Midwest can continue to thrive, helping to drive employment and economic growth to the region, which is directly aligned to the Government's own Ireland 2040 plan," he said.