Sunday 15 September 2019

Sandyford represent the latest stage in the inexorable rise of Paddy Shovlin's been notable for his ability to strike up the right partnership at the right time

ALTHOUGH the rise of developer Paddy Shovlin may appear meteoric, it has been grounded in years of hard work and an uncanny ability to strike up the right business partnerships.

Altogether, plans by Mr Shovlin's company, Landmark Developments, for Sandyford in Dublin 16 could easily pass the ?2bn-value mark when finished.

This will create a new upmarket town made up of interlinked apartment blocks, restaurants, retail mall, hotel, hospital, medical consultants' quarter, offices, leisure and cultural activities.

His Beacon South Quarter is underway with 753 apartments planned and 116 more applied for.

Across the road, Mr Shovlin has built a further 80 apartments alongside a hotel, hospital, consultants' suite and office building.

Mr Shovlin confirmed, that to date despite building over 800 apartments, not one has been allocated as a social and affordable housing unit.

Mr Shovlin referred questions on this issue to Dun Laoghaire Rathdown County Council.

A spokesperson for the council said: "We are still in negotiations with them over this issue. No agreement has been reached."

It is understood that Landmark's advisers may have offered a combination of apartments and a financial contribution to the council to fulfil its obligations.

Aside from an apartment goldmine, Mr Shovlin has also developed a world-class ?200m private hospital which is the first part of a wider plan to develop a company called Beacon Medical Group.

The hospital has benefited from tax breaks and is led by businessman Michael Cullen and surgeon Mark Redmond.

The next stage in this development is a children's hospital. Retail also forms a big part of Mr Shovlin's plans. According to retail sources, Dunnes Stores is seen as the likely anchor in the retail element of Beacon South Quarter.

With such an empire under way, Mr Shovlin juggles 26 separate directorships of active companies.

Mr Shovlin, who turns 42 next week, started out in the restaurant business.

The son of a Garda, he once ran Shiels on Dublin's Moore Street.

By his 20s, he was in business with Paul Gallagher, son of property developer Matt Gallagher.

This led to the opening of a second Shiels restaurant, two Blakes restaurants and the more upmarket Whites on the Green.

The son of a Garda he once

ran Shiels on Dublin's Moore

Street

At the same time, Shovlin got in early in Temple Bar where he owns the popular Thunder Road Café.

Around this time, Shovlin's career experienced a hiccup when he and Gallagher got involved with a garage owner who, unbeknownst to them, had raised IR£60,000 to back them by using car loans from financial institutions.

When Gallagher and Shovlin discovered what happened, they repaid the monies, and quickly distanced themselves from garage owner Clive Bolger, who ended up with a fraud conviction.

By the mid-1990s, Shovlin had parted ways with Gallagher.

He then developed the boutique Morgan Hotel, now controlled by the Fitzpatrick hotel family.

Mr Shovlin also bought a business park in Clondalkin and he developed an office block on Harcourt Street.

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