The development of an innovation park in Tipperary town could have a number of benefits for the West Tipp area.
A planning application will be lodged shortly by Corajio for the site on the Limerick Road.
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The lack of a by-pass for Tipp has long been seen as a major impediment in attracting new businesses to the town.
However Labour TD Alan Kelly, who was involved in the discussions along with Invest Tipperary and IDA Ireland, says if a large number of jobs are created at the Sky Innovation Park progress might also be made on easing traffic problems with the construction of a by-pass.
