Ardmore staging a bid to rival Belfast's film studios
The Republic's biggest film studio, Ardmore, is believed to be days away from a deal to lease massive new premises in Limerick.
Plans for a multi-million euro film production hub in Limerick - which would rival the growing reputation of Belfast's Titanic Studios - took a massive step forward after the local council agreed to buy a 350,000 sq ft former Dell factory.
It is now expected that the facility, bought by Limerick City and County Council for between €5m (£3.5m) and €6m (£4.2m), will be leased out to Ardmore Studios, Ireland's biggest film and television production company.
The facility at Plassey Technological Park, near the University of Limerick, is twice the size of Ardmore's Bray, Co Wicklow, studio.
Development of the Limerick studio could create an estimated 700 to 1,000 jobs over the long term.
A formal deal between Ardmore and Limerick Council is hoped to be completed in the coming days.
Ardmore Studios' chief executive Siun Ni Raghallaigh declined to say what stage talks are at.