Cork Street Shared Living day exterior image

Description

This prime city centre development asset comprises of a brownfield site extending to approx. 0.45 ha (1.10 acre). The site is of an irregular shape and comprises a mixture of derelict buildings known as The Old Glass Factory and  113-122 Cork Street, Dublin 8. The property has excellent profile and benefits from approx. 35 m of frontage onto Cork Street. The adjoining land uses include a four-storey residential block to the west of the site, a garden centre to the south west and a mixture of low density commercial and residential property to its east.

A unique development opportunity for Ireland’s largest co-living scheme with full planning permission for the 378 no. bedrooms

The
Opportunity

The subject site has full planning permission for the development of 378 no. bed spaces shared living facility across 372 units (Ref: 308162) and comes with the benefit of full vacant possession. The proposed development comprises 7 storeys over basement level and it will comprise rooms ranging in size between 17 – 36 sq m (183 – 388 sq ft). The proposed scheme also includes an abundance of amenity space at ground floor level including a communal lounge / social room, a multipurpose room, a private function room, a cinema and yoga space, a gym and workspace area. The full planning pack is available to download in our data room. 

There is a substantial amount of ancillary income to be generated on the lower ground floor area which extends to 1,336 sq m (14,380 sq ft). The area is suitable to an abundance of uses in accordance with Condition 2 of the planning consent (308162).

The subject development is also suitable to the cost - efficient modular construction build. 

Cork Street Shared Living Bedroom hall
Cork Street Shared Living Bedroom
Cork Street Shared Living Bedroom
Cork Street Shared Living Toilet

Schedule of
Accommodation

Cork Street Shared Living accommodation Schedule
Cork Street Shared Living
Cork Street Shared Living aerial view

Town Planning

The property is situated in an area within the Dublin City Development Plan 2016-2022. Under the development plan, the majority of the property is zoned ‘Z4 – District Centres’ which is defined as “To provide for and improve mixed services facilities.” The remaining portion of the property is zoned ‘Z10 - Inner Suburban and Inner City Sustainable Mixed - Uses’ which is defined as ‘To consolidate and facilitate the development of inner city and inner suburban sites for mixed - uses, with residential the predominant uses in inner city areas’.