Developers behind a plan to build 3,800 homes in South County Dublin will today seek planning permission from Dún Laoghaire-Rathdown County Council for the first phase of work at the site.
According to today’s Irish Independent, US developer Hines' Irish arm is submitting a planning application to develop roads, parks and other infrastructure to allow the first stage in the construction of a new Town Centre and upgraded Business Park at the Cherrywood Strategic Development Zone (SDZ) in south Dublin.
The plan is ultimately to develop a new town that will become home to as many as 30,000 people.
The initial infrastructure work is expected to cost upwards of €90m to €100m and will be funded mainly by Hines, the largest landowner in the SDZ, with other property owners also contributing.
Neighbouring landowners WM Neville & Sons and Nama support the plans, according to Hines.
Contracts for the work are currently going out to tender, and the initial construction project will create 150 jobs.
Depending on planning authorities the work could start as early as next spring.
Hines would then seek planning for its proposed housing scheme in the middle of next year.
That detailed planning application will include retail areas, a cinema, other leisure uses, restaurants and the initial 1,400 apartments.
Depending on planning approval construction will commence towards the end of next year.
Before that, the initial phase planning application is being sought for 5.4km of new roads while additional applications for three large parks, with a combined size of 57 acres, will be submitted in the coming weeks. The planning applications include proposed pedestrian footpaths, cycle paths and greenways.
The scheme includes planting over 3,000 mature trees including oak and cherry varieties.
Tenders are under way with contractors to begin the multi-million euro construction project of the roads and parks in spring 2016, Hines said.
"This is an exciting step forward for this landmark development and signals our ambition to create a very high-quality, amenity-led environment for the residents of Cherrywood," said Brian Moran, senior managing director of Hines Ireland.
