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The Land Development Agency (LDA) is set to deliver 562 new homes on Parkgate Street in Dublin, including a 30-storey tower that is expected to become Ireland’s tallest building once completed.
Construction is due to begin in the coming weeks, with completion of the homes expected by late 2029.
The project, being delivered by the LDA in partnership with developer Castlethorn, is located beside the River Liffey, across from Heuston Station and close to Phoenix Park. It will be built on the former Hickey’s Wholesale Fabrics warehouse site.
The development will comprise four interconnected apartment blocks. The tallest, known as Parkgate Pointe, will rise to 102 metres across 30 storeys and will contain 198 apartments.
Three further blocks will range between 10 and 13 storeys, providing the remaining homes. All 562 apartments are expected to be made available through the Government’s cost rental scheme, with the LDA retaining ownership of the completed development.
John Paul Construction has been appointed to build the scheme, which will also feature retail space, roof terraces and a communal landscaped courtyard.
Planning permission for the development was granted by Dublin City Council last year.
The project is being delivered through Project Tosaigh, the LDA initiative that works with private developers and provides State financing to support the construction and completion of new homes.
It is the second development being delivered by the LDA and Castlethorn. Construction is already under way on 328 cost rental apartments at the Woodbrook development in Shankill.
The Parkgate Street scheme will also mark the first phase of a wider regeneration programme planned for the area surrounding Heuston Station.
The LDA and Córas Iompair Éireann (CIÉ), the national public transport body, have signed an agreement to work on plans for the phased development of the wider Heuston Quarter.
Housing Minister James Browne said the delivery of the new homes would represent an important step in addressing Dublin’s housing needs.
“It is critical to see these much-needed new homes for Dublin progressing and located in the heart of the city, where we want people to live,” he said.
“The LDA’s Project Tosaigh initiative has unlocked this significant home building project and they will be made available under the Government’s cost rental scheme, providing secure and affordable homes at scale. It’s badly needed here in Dublin.”
The minister said increased State investment in housing was beginning to have an impact, adding that reforms were being introduced to accelerate construction.
“We are making record investment in housing, and we are seeing the dial shift. I have been relentless in making key reforms and we’re driving on with what’s needed to get cranes in the sky and keys in people’s hands,” he said.