Cherrywood development site for sale for up to €300m

My (slightly rewritten) scoop with Joe Brennan on Cherrywood today. It’s not officially on the market yet. An Bord Pleanala today published on its website that it had approved the Cherrywood SDZ with some modifications.

There is more: … -1.1778841

To say wear on the calculators, that’s 19.25 homes per acre.

Lots of open space though. This was the SDZ plan as initially proposed:
Primary Land Use Net Area
Town Centre 16 Ha
Village Centre 3 Ha
High Intensity Employment 16 Ha
Commercial Uses 8 Ha
Residential 75 Ha
Education 7 Ha
Green Infrastructure
61.7 Ha
(Class 1 Open Space 29.7 ha, Natural Greenspace 32 ha.),8978,en.pdf

ABP’s changes to any of that obviously will be studied for the moment

If memory serves me correctly, this was the jewel in the crown of Dunloe Ewart.
Carroll beat off Noel Smyth for control of it.

Be careful what you wish for folks … !

yep, 50% owned by Dunloe, 50% owned by British Land who exited the Irish market with sale of Ilac before the bust.

Would ‘The Park’ in Carrickmines not make it more difficult for a Cherrywood Town Centre to succeed ?
They’re practically beside each other and ‘The Park’ has the advantage of being already well-established.

And give people homes close to transport links, services , shops and facilities. You will be shot for such heretic thinking…

Yeah that wouldn’t become a ghetto

Brilliant, why has this never been tried before? I can see no downside.

True. And given the elevated site, we’d all be able to view the smoke rising from most parts of Dublin. On the other hand - it could become the new Adamstown and be a rip-roaring success. Oh, wait…

Hines group close €270m purchase of 400-acre Cherrywood site - Colm Keena → … -1.2020413

Reading between the lines on this statement, I take it that developers are less than happy with government’s insistence on a social housing element within private developments. (Anyone would be mad to consider moving somewhere like Cherrywood until the social housing situation is clarified. In the current climate, the temptation to lump in a huge tranche of council housing on a site like this must be strong.) … y-results/
Abbey worried about level of state intervention in housing market
But it said this week’s announcement by the UK government that it intends to speculatively develop land for housing, will impact the the role of private capital in housebuilding. It also points to similar plans by government agencies here. The company said the plans raise “fundamental questions about the future environment for private development in both jurisdictions”.