Ambitious 2,100,000-square-foot plan includes over 1,250 apartments and key retail – shops, restaurants, cafes and community facilities
Hines has today submitted a large-scale planning application for a visionary new town centre development that will serve as the key focal point for the new town of Cherrywood in the Dun Laoghaire-Rathdown borough of South Dublin.
Permission is being sought for a new 2.1 million-square-foot plan for a mixed-use development with a large residential component that will comprise 1,269 build-to-rent apartments, as well as 585,000 square feet of retail and leisure outlets comprising shopping, restaurants and cafés.
Cherrywood Town Centre will be constructed on an elevated site integrating the existing Luas stops of Cherrywood and Bride’s Glen. The pedestrian and bike friendly Town Centre includes a series of covered and open public spaces, that will be enlivened by an extensive choice of shops, bars, restaurants, a hotel and other leisure facilities.
Brian Moran, senior managing director of Hines Ireland, stated, “This planning application marks a hugely significant milestone for the wider Cherrywood development project. The new Town Centre will be the beating heart of Cherrywood and the centrepiece of our vision for a dynamic living, shopping and amenity-rich urban environment serving thousands of new families, workers and visitors in the wider town. Our open-plan apartment designs have been planned to incorporate the latest ideas on apartment living based on Hines experience in the U.S. and Europe. This will make a significant impact in addressing the very high demand that currently exists in the Dublin residential market for one and two-bedroom apartments.
The new Town Centre will also be built alongside the newly created Tully Park – currently under construction and equivalent in size to St Stephen’s Green. All these elements will combine to make for a highly accessible, walkable, green urban environment with great shopping, leisure and amenity options for all to enjoy. Cherrywood will be an unrivalled location for the many thousands of residents who will make this modern new town their home over the coming years. We continue to work with Dun Laoghaire-Rathdown County Council via the Strategic Development Zone (SDZ) framework to progress this ambitious plan.”
Hines has engaged extensively with the local community about the new town of Cherrywood, most recently through a series of open days held earlier this year. In February, over 3,000 members of the public met with the project team and walked through two display apartments to familiarise themselves with the vision for the new town.
The proposed Cherrywood Town Centre will also be served by new bus routes to complement existing Dublin Bus services into the area as well as a bus link to the Shankill Dart station. The town will also have two new large underground carparks, 2,600 bicycle spaces, and over 150 charging points for electric vehicles.
Pending planning approval, construction of the Town Centre is expected to take three years to complete, with 3,000 construction workers employed over the course of the various build stages. It’s hoped to commence construction in Q2 2018. Cherrywood Town Centre will eventually be home to over 3,200 people, with the potential to accommodate 2,300 office staff and provide employment for more than 2,500 retail workers.
Construction is already well advanced by Hines, the other Cherrywood landowners and Dún Laoghaire-Rathdown County Council on the first key phase of the Cherrywood development, a €160m project to deliver three brand new flagship parks and 5.4 kilometres of roadways, pedestrian footpaths, cycle paths and greenways, as well as the planting of over 3,000 new trees. This work is progressing on schedule and is due for completion in Spring 2018.