Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Monday 25 September 2023 Dublin: 15°C
# masterplanning
A 400-acre 'suburb' in Cherrywood is now on the market for €220 million
The land is “bigger than Hyde Park” and could hold nearly 4,000 homes.

A 400-ACRE SITE at Cherrywood in South Dublin went on sale today for €220 million.

The sale of the land parcel – the largest to ever go on the market in Ireland – will be managed by Savills, and is expected to have a potential Gross Development Value (GDV) of more than €2.5 billion.

Under the terms of the recently adopted Cherrywood Strategic Development Zone (SDZ), up to 3,836 residential units could be built on the site, according to a statement today from Savills.

The SDZ provides for “fast-track” planning and requires that the land must be used to build a town centre, along with residential, office and retail space.

Sliders.indd Savills The 400-acre development site at Cherrywood. Savills

Mark Reynolds, Director of Development & Consultancy at Savills, said in a statement today:

Cherrywood is a suburban development unlike any other in Ireland. It is larger than London’s Hyde Park and represents an unrivalled opportunity to develop a new destination in a much sought after suburb of South Dublin.

The Cherrywood SDZ also allows for as much as 484,474 square metres of non-residential development, including 37,800 square metres or retail space, and 220,000 square metres of office space.

Read: Construction activity remains “robust” in tenth month of growth>

Your Voice
Readers Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.