CIS has identified over 275 projects which have moved On-Site in 2016, an increase of 32% on 2015 volumes. However, there is a 10% decrease in the value of projects when compared with the same period last year. Almost €230 million worth of projects have gone On-Site in 2016. As can be seen by Fig. 36, Munster has performed strongly in 2016 with the €67 million redevelopment of Pairc Ui Chaoimh.
Future Pipeline of Social, Sport and Leisure Projects
CIS estimates that over €500 million in projects have been granted planning in 2016, an increase of 130% on 2015 levels with the bulk of the value in Leinster (Fig. 37).
This can be explained by the Curragh Racecourse redevelopment and the Center Parcs Activity Centre in Longford. The number of projects granted planning in 2016 is actually down 17% on 2015 levels.
The volume of projects submitted for planning in this sector in 2016 is also down by 20% when compared with 2015 levels. (Fig. 38). CIS estimates that only 420 projects were submitted for planning in 2016, down from over 500 in 2015.
All regions have seen the number of projects submitted for planning fall, with the exception of Leinster where a 1% increase has been identified.