A successful business Career that has emphasized partnership September 4, 2008: New York, NY:The Ireland U.S. Council will present its Award for Outstanding Achievement in 2008 to Patrick Kelly for the remarkable business success he has achieved and the creditable work he has done in building the business relationships between American and Ireland. The awards will be the centrepiece of the Council’s 46th Annual Dinner to be held at the Metropolitan Club in New York City on Thursday November 6, 2008. Michael J Gibbons, the President of the Council in New Yorksaid “The members and Directors of the Council are very pleased to formally recognize the extraordinary achievements of Paddy Kelly whose business interests have shaped a unique two-directional flow of investment ventures across the Atlantic between the United States and the Emerald Isle.” Mr Kelly’s privately-held family investment corporation is pivotal in over $2 billion in development projects either completed or underway in the United States. His Redquartz Development is a principal investor with Dublin-based Boundary Capital, in structuring RQB Partners, the Ireland-based consortium that purchased and is expanding the TPC Sawgrass Marriott development complex in Ponte Vedra Beach, Florida. The property has over 500 rooms and will develop a new club wing, and has entitlement for 500 additional condo units. In Sarasota, also in the Sunshine State, Kelly is the prime mover in a major redevelopment project in the city’s waterfront area that will involve the building of 1.5 million square feet of hotel, offices, residential and retail space. Brian J Goggin, President of the Council’s Chapter in Ireland noted “We are so pleased to recognize the great contribution that Paddy Kelly has made to building investment flows in both directions across the Atlantic. His business deals have seen a major expansion of U.S. hospitality franchises entering Ireland. He is the main shareholder in PREM Group, which has 2,531 rooms and 464 apartments in Ireland, UK and Europe” Mr Goggin added “In addition to a major presence in the Irish real estate market Paddy Kelly’s four decades of consistent and successful investing have been characterized by his notable philosophy of partnership as a way to access expertise and resources and, at the same time, reduce the risk profile of projects. In building relationships in the United States, in Ireland and in other places around the world, such as Russia and Italy, he has moulded partnerships, consortiums and joint ventures that have brought him great success and generated ambitious and highly-regarded real estate developments.” Paddy Kelly lives in Dublin with his wife Maureen. They have four children and six grandchildren. The Ireland-U.S. Council was founded in 1963 by American and Irish business leaders. Its principal objective is to encourage closer business links between Ireland and the United States. The Council operates a variety of scholarship and internships programs, stages lectures, seminars and hosts frequent events in Ireland and in America aimed at building communications between business and political leaders on both sides of the Atlantic.
On behalf of all in PREM Group I want to congratulate Paddy on achieving this award . Paddy ,apart from been a major shareholder in PREM Group ,has been a source of inspiration to all of us since we met first back in 1995 . His infectious enthusiasm and energy has created the platform for everything we have achieved in PREM Group . This award could not have been given to a more worthy person , we all value his friendship and continued support .
This entry was posted
on Wednesday, September 10th, 2008 at 9:43 am and is filed under General, Prem Group Ireland, Prem Group UK, Prem Group in Europe.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Digg it | Bookmark at del.icio.us
