Dublin based property firm Regency has secured planning permission for a large development in south Dublin.
The firm has received a planning grant from An Bord Pleanala for a scheme of 314 residential units and a crèche at Scholarstown Road, Rathfarnham, in Dublin 16.
If all goes according to plan, the scheme will deliver three, four and five bedroom family homes, together with what the firm describes as "high end" apartments.
Regency acquired the site during the summer of 2014 and it then progressed through a detailed master planning process with South Dublin County Council and subsequently an appeal process with An Bord Pleanala.
In a statement, Regency said the scheme "will provide housing for the much needed demand in the area with a proposed launch by the selling agents, Sherry Fitzgerald, in spring 2016".
In addition, Regency have commenced on site to deliver houses at their scheme in Hollywoodrath in Hollystown in Dublin 15 on the other side of the capital. It acquired the Hollystown site last year and has planning permission to build some 455 houses.
Regency was set up by Aodan Bourke and Patricia Hinch. The two are said to have over 20 years' experience in residential development and mixed use schemes in Ireland and Europe. The company has spent close to €75m so far on acquiring land and expects to build more than a thousand homes around Dublin.