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    Investment

    Hammerson submits City Quarters plan

    Iain HoeyBy Iain HoeySeptember 11, 20192 Mins Read
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    Planning has been submitted for 107 apartments at Dundrum, Dublin

    Hammerson, on behalf of the Dundrum Retail Limited Partnership, has submitted plans for a strategic housing development at Dundrum Town Centre. This is Hammerson’s first application in Ireland as part of its City Quarters concept.

    The proposed residential development will consist of 107 apartments for long-term rent, in addition to a ground floor café, located on a site known as ‘Building 5’ close to the Sandyford Road entrance of the Dundrum Town Centre Red Car Park.

    In line with local and national policy, the development will also provide a range of sustainable transportation measures including high quality cycle facilities, car club spaces and electric car charging facilities.

    Simon Betty, Hammerson director of retail Ireland, said, “We have submitted plans for 107 apartments creating a vibrant and sustainable residential space adjacent to our flagship destination in Dublin. Just a short walk from Dundrum’s retail, leisure and community amenities, Building 5 will have easy access to a range of public transport services and large employment hubs.”

    It is intended that construction work for the proposed development will begin in 2020.

    Hammerson is leading the Building 5 project on behalf of the Dundrum Retail Limited Partnership, a 50:50 Allianz and Hammerson joint venture that owns and operates Dundrum Town Centre.

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    Iain Hoey

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