Galway City Council has been urged to introduce a commercial rates waiver to attract new businesses to the city centre and Salthill.
The proposal by Councillor Clodagh Higgins (FG) will be discussed with senior management and councillors at City Hall at a policy meeting later this month.
It comes after another familiar high-street store confirmed it was shutting.
Staff at EuroGiant on Mainguard Street have told to customers that the discount store — formerly a ‘pound shop’ — was closing for good.
The company did not respond to queries but staff at the Mainguard Steet outlet of the popular chain said they have been told it was closing due to costs, including rent.
EuroGiant on Eglinton Street will continue to trade as normal, staff said.
Separately, Councillor Higgins, Chair of Galway City Council’s Corporate Strategic Policy Committee (SPC), has proposed a commercial rates waiver she said would support new and innovative businesses setting up in Galway.
She has raised it with Head of Finance, Helen Kilroy, and it is on the agenda for the Corporate SPC on September 23.
“It is so important that we support businesses who are willing to take a punt and set up in Galway. Overheads and commercial rates are often a stumbling block for new enterprises, and we need to create real incentives to help them get off the ground,” said Councillor Higgins.
“If we are serious about the future of Galway as a creative, dynamic city, then we must ensure we have the right retail mix. That means a balance of independent retailers, flagship businesses, pop-ups, and seasonal offerings that reflect the unique character of Galway,” she added.
Galway City had a commercial vacancy rate of more than 18%, according to data from last December. A number of prominent properties off the city’s main pedestrian thoroughfare remain empty.
Councillor Higgins said her proposal was allowed under national legislation.
It would be designed to encourage entrepreneurship, reduce vacancy rates, and stimulate activity in key areas of the city, including Salthill, she said.
“This is about making Galway a place where ideas can take root and thrive. By providing the right supports, we can revitalise our retail core, back local entrepreneurs, and deliver a vibrant retail landscape that works for residents, visitors, and business owners.”
Pictured: Councillor Clodagh Higgins