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US real estate group Hines and its Dutch joint venture partners APG Asset Management have obtained approval from An Bord Pleanála for the construction of 416 new homes on the former Bailey Gibson site on Dublin’s South Circular Road.
This represents the first phase of the broader redevelopment of the Player Wills and Bailey Gibson site since Hines and APG acquired it in December 2018.
The residential element of the Bailey Gibson portion of the 2.18-hectare (6.92-acre) scheme will comprise 404 apartments, two duplexes, six triplexes and four houses distributed in five blocks ranging in height from two to 16 stories, on a single-level basement on part of site.
Apartments
The apartments, which will be aimed primarily at the private rented sector (PRS) market, consist of 251 one-bedroom units, 134 two-bedroom units and 19 studios. All phases will include 10% social housing in accordance with legal requirements.
A key feature of the new development will be high-quality residential tenant service areas that were fully re-specified prior to planning submission, to allow for the integration of social distancing measures in the wake of the Covid-19 pandemic. .
Welcoming An Bord Pleanála’s decision, Hines Ireland Managing Director Gary Corrigan said: “This represents the beginning of a new chapter for the Bailey Gibson site and for Dublin 8. We collaborate extensively with the City of Dublin, community leaders and local neighbors in months before coming up with a design that could bring new homes and much-needed amenities to the area, fully respecting the local landscape and heritage of this historic part of the city.
Draft
“It is a very positive start for the project as a whole and we are very excited about the quality and design of this new development which we believe will be of great benefit to the South Circular Road and Dublin 8 community. We look forward to submitting our next application for the remodeling of the Player Wills phase in the coming weeks, which will include a major preservation / restoration of the historic industrial facility structure as part of this exciting new residential development. “
Ultimately, Hines and APG are aiming to build up to 1,380 new homes on the Bailey Gibson and Player Wills site in the next few years. Hines said today that he expects to begin construction at the Bailey Gibson site in early 2021.
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