Quintain Ireland, the housing developer of US private equity giant Lone Star, has been given the green light by Dún Laoghaire-Rathdown County Council for a new build project.
The project, located in the Cherrywood Village development in south Dublin, is expected to have a gross development value of around €86 million.
Quintain received planning permission for the 169 homes on a 65-acre site within the Cherrywood Strategic Development Zone (SDZ). The developer, one of Ireland’s largest, intends to start construction this month, with the first homes expected to be ready for occupancy by the end of 2023.
The developer, the Irish arm of UK-based company Quintain – which is behind the Wembley Park regeneration project in London – says the new developments will consist of apartments, maisonettes and three- and four-bed houses, all within walking distance of the Laughanstown Luas Station are .
The properties will also be close to Tully Park, Cherrywood Educate Together National School and a new secondary school, while providing a 1,000 square foot community area.
Quintain has received more than 10,000 expressions of interest from hopeful residents since development began in 2020.
The company plans to deliver a total of 1,300 new homes in development by 2025.
The project includes 27 hectares of parks and green space, 4,300 m² of retail and public facilities and is close to major employers such as Vodafone and Microsoft in Sandyford and Dell and Elavon at Cherrywood Science and Technology Park.
“We have had tremendous interest since our launch and additional supply will help meet strong demand for all types of housing in the area,” said Eddie Byrne, Joint Managing Partner of Quintain Ireland.
Quintain is also moving ahead with the construction of a €500m urban center in Adamstown that will include 279 homes as part of plans to build 9,000 homes on 460 acres in Greater Dublin.
https://www.independent.ie/business/irish/quintains-cherrywood-village-scheme-gets-green-light-for-169-new-homes-41741521.html Quintain’s Cherrywood Village project gets green light for 169 new homes