Quintain’s Cherrywood Village scheme gets green light for 169 new homes
Quintain Ireland, the residential developer owned by US private equity giant Lone Star, has been given the go-ahead for a new homes scheme by Dún Laoghaire-Rathdown County Council.
he project, at its Cherrywood Village development in south Dublin, is understood to have a gross development value of around €86m.
Quintain received planning permission for the 169 homes at a 65-acre site within the Strategic Development Zone (SDZ) at Cherrywood. The developer, one of Ireland’s largest, intends to start construction this month, with the first homes ready to be occupied in late 2023.
The developer, the Irish arm of UK-based Quintain – which is behind Wembley Park regeneration project in London – says the new-builds will consist of apartments, duplexes, and three and four-bed houses, all within walking distance of Laughanstown Luas station.
The properties will also be close to Tully Park, Cherrywood Educate Together National School, and a new secondary school, while there is provision for a 1,000sqm communal space.
Quintain has received more than 10,000 expressions of interest from hopeful residents since the development launched in 2020.
The company plans to deliver a total of 1,300 new homes at the development by 2025.
The scheme includes 27 acres of parks and green spaces, 4,300sqm of retail and civic amenities, and it is near large employers such as Vodafone and Microsoft in Sandyford, and Dell and Elavon at the Cherrywood Science and Technology Park.
“We are seeing huge levels of interest since we launched and additional supply will help address the strong demand there is for all types of housing in the area,” said Eddie Byrne, joint managing partner with Quintain Ireland.
Quintain is also progressing construction on a €500m-urban centre in Adamstown that will include 279 apartments, as part of plans to build 9,000 homes on 460 acres in the Greater Dublin Area.