Plans for the construction of a multi-million-euro commercial centre in the Limerick docklands are in jeopardy because local traders who fear a negative impact on existing business are opposing the project. The Shannon Foynes Port Company (SFPC) which owns the 44acre site claims the proposed mixed-use development, which could include an iconic landmark building as well as hotels, commercial and retail units and an exclusive residential development, will rejuvenate the area and generate 1,000 new jobs in the city. SFPC chief executive Brian Byrne has described the redevelopment plan as "potentially a very exciting chapter in the development of the city of Limerick, underpinning its rightful place as the capital of the midwest region, and providing a welcome significant boost to jobs along with a reduction in traffic congestion." However dock workers, backed up by local councillors and commercial interests in the city, say 250 jobs will be lost and Limerick docks will eventually close if the land is sold to private developers.

