Monday 22 January 2018

Retail developments get the green light

Despite the plentiful supply of retail space, a number of new retail developments are in the pipeline in the greater Dublin Area.

Bord Pleanala has given the green light for Tesco to develop a large new store at Vevay Road, Bray, Co Wicklow.

With its 464 parking spaces, the new outlet should help boost shopping in Bray.

Meanwhile, rivals Lidl have received Dublin City Council's approval for a 2,264sqm discount food store with a bakery and off-licence at the site of the former 'Sunday World' building in Terenure Village in south Dublin.

Its 74-space car park should also benefit other retailers in the village, where it can be difficult to get parking.

Meanwhile, Tesco's plans for a development on the former Quinlan's pub site owned by developer Noel Smyth are being appealed to the planning board.

A group called the Brighton Square Association has objected to the plans.

And Dun Laoghaire-Rathdown County Council has approved Cosgrave Brothers' plans for a neighbourhood centre at its Honeypark development at the former Dun Laoghaire Golf Club. However, it is being appealed by a local traders' group.

Cosgrave's plans include a 1,589sqm supermarket and seven shop units and a coffee shop unit as well as parking for 104 cars.

NAMA may be about to consider financing the development of a neighbourhood centre at Santry Demesne in Dublin 9.

Within weeks of signalling its intention of investing up to €2bn on development works, it has just applied for an extension of time to allow for the development of a four-storey, over-basement centre comprising small retail units at the ground floor as well as a two-storey licensed restaurant of 726sqm.

The development would also include some own-door offices overhead.

Indo Property

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