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Cooney-linked firm seeks talks over 202-bed student development plan

 

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Baker’s Corner is part of the Loyola Group

Baker’s Corner is part of the Loyola Group

Baker’s Corner is part of the Loyola Group

Baker Forge Properties, which counts businessman Stephen Cooney as a director, is seeking a strategic housing development consultation with An Bord Pleanála with regard to plans for a 202-bed student accommodation development near one of his group's pubs.

The student accommodation development would be built on Baker's Corner, Rochestown Avenue and Kill Avenue, Dun Laoghaire, Co Dublin. Cooney's Loyola Group, which includes well-known Dublin bars The Bath, The Landmark and The Leopardstown Inn, owns the Baker's Corner pub near the site. It acquired the pub in 2018 for over €5m.

The acquisition of Baker's Corner also included an investment property known as The Forge, which is comprised of three retail units, two office units and three residential duplex apartments.

The request for a consultation regarding the development was lodged with An Bord Pleanála earlier this month. According to a notice on An Bord Pleanála's website, the case is due to be decided by August 11.

The Loyola Group is co-owned by Cooney, former Leinster rugby player Eoin O'Malley and his brother, Brian O'Malley.

Last month, Loyola took High Court action against insurer FBD over its refusal to pay out for business interruption claims during the Covid crisis.

Hyper Trust Ltd, trading as the Leopardstown Inn, initiated proceedings. According to the Irish Independent, these proceedings have been taken on behalf of the entire group against FBD.

Loyola is also an investor in the Base Wood Fired Pizza chain, which has seven outlets.

Attempts to contact Cooney and the Loyola Group were unsuccessful.

Sunday Indo Business