New town for Dublin renters

More than 1,250 rental-only apartments, shops, restaurants, cafes and community facilities are included in a massive 2.1 million sq ft plan submitted for the new town of Cherrywood in South Dublin.

Hines, the privately owned global real estate investment firm with approximately $100bn (€85bn) of assets under management, is behind the application.

The new town centre would be built alongside the newly created Tully Park, which is currently under construction and equivalent in size to St Stephen’s Green. The plan comprises 1,269 build-to-rent apartments, as well as 585,000 square feet of retail and leisure outlets comprising shopping, restaurants and cafés. The firm said the town centre would be “pedestrian and bike friendly”, including a series of covered and open public spaces “that will be enlivened by an extensive choice of shops, bars, restaurants,” and a hotel.