THE Dublin Port Company plans to transfer over 10.5 hectares of nature reserve at Bull Island into public ownership.
The company has offered to transfer ownership of the land to Dublin City Council if it secures planning permission for new cruise ship berths in the Alexandra Basin.
Located near the Royal Dublin golf club and at the western side of the island near North Bull Wall, the site is currently used for recreation and provides access to Dollymount Strand over a wooden bridge.
The port company said that it would also provide funding towards the cost of a feasibility study for an interpretative centre.
Some €1.2m in total will be provided, which will include funding for the feasibility study, a master plan and new facilities for Bull Island.
"I commend Dublin Port for this initiative and for its ongoing contribution to the city, both as an economic force and as the custodian of our river and bay," Minister for Transport Tourism and Sport Leo Varadkar said.
The port company plans to seek permission for new and deeper berths in the Alexandra Basin and on the river towards the east of Dublin Port to service larger freight, passenger and cruise ships.
Eamonn O'Reilly, chief executive of Dublin Port Company, said: "Dublin Port Company has a long tradition of developing and supporting projects which benefit local communities, the City of Dublin, its citizens and visitors.
"The Bull Island community-gain initiative is an important element of our first major Masterplan project.
"This project will deliver more than three kilometres of new deeper berths for ships, all within the port's existing footprint."
Dublin Port Company is encouraging the local and wider Dublin communities to share their views on the 'community gain' proposal for Bull Island by October 18 next.
Details of the project are at www.dublinportabr.ie and submissions can be made by email at email@example.com or by writing to Charlie Murphy, Dublin Port Company, Alexandra Road, Dublin 1.