26 April 2024 The Irish Film & Television Network
     
First Companies move into The Digital Hub
03 Mar 2003 :
The Minister for Communications, Marine and Natural Resources, Dermot Ahern, TD, announced on Wednesday that six companies are now located in The Digital Hub, employing almost 100 people. The Digital Hub is a government initiative to create an International Digital Enterprise Area in Dublin City, promoting the clustering of Irish and International companies.

The six companies, a mix of e-learning, multimedia, Digital TV and content management companies are all located in "OnefiveSeven" a four-storey building on Thomas Street which has been refurbished to suit the needs of Digital Media Companies. The companies located there are:

- Certification Europe Ltd
- Educational Multimedia Corporation Ireland Ltd
- Fluid Rock Ltd
- Kratos Ltd
- ShopAD Ltd
- Unlimited

Over twenty companies applied to locate in the 8,000 sq ft building. Given the strong demand, applications were prioritised based on innovation, creativity, internationalisation, match with space available, match with duration of short-term letting and strategic fit with The Digital Hub. A further 20,000 sq ft of enterprise space will be available shortly with the redevelopment of the former Guinness Print Depot. This landmark warehouse building will be completed in summer 2003 and will offer innovative state of the art accommodation suitable for up to 20 companies.

According to Minister Ahern "I am delighted to welcome the first companies to The Digital Hub. This announcement moves the project on from the planning stage into reality. I understand that demand to locate here was strong and this augers well for the future of the project. I firmly believe that The Digital Hub will be a catalyst for the future growth and competitiveness of the high tech sector in Ireland and am convinced that The Digital Hub will make a major contribution to enterprise in Ireland and to regeneration in Dublin."

According to Philip Flynn, Chief Executive Officer, The Digital Hub, "The first six companies are now on site demonstrating quite clearly that Digital Media Companies see the benefits of locating here. The Digital Hub provides Digital Media Companies with a city centre location, offers entrepreneurs excellent facilities and resources and the opportunity to interact with like-minded companies in an environment designed to encourage growth and prosperity. Companies locating in The Digital Hub also have access to the high capacity broadband Metropolitan Area Network which will service the area. On completion The Digital Hub will deliver approximately 500,000 sq ft of development with a mix of enterprise, retail, residential, learning and educational space .The Public Private Partnership (PPP) process is well underway and a preferred bidder or bidders should be selected towards the end of the year."

www.thedigitalhub.com





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