Student living specialists Scape in €20m Dublin scheme
UK-headquartered student living specialists, Scape, are set to take advantage of the massive demand for accommodation being generated by Dublin's universities and third-level institutions following the €20m acquistion of a highly-prized site on Aungier Street.
Assembled by its previous owners over a period of four years, the triangular-shaped site is a composite of no less than 17 different properties, and is bounded by Stephen Street Upper to the north and Longford Street Great to the south. The site's overall value was enhanced significantly following the receipt of full planning permission from An Bord Pleanala (ABP) in November 2016 for a mixed-use development with a 300-bed student accommodation complex at its core. The scheme is jointly designed by JSA Architects in Dublin and Stephen Marshall and Associates in London. Conditions attached to the permission include the archaeological excavation of the site to "preserve, record and protect" potential remnants of the medieval site prior to the commencement of construction. The scheme will also see the restoration and conservation of three buildings fronting onto Aungier Street.
Site clearance and preliminary works are due to commence shortly, with full construction scheduled to get underway by January 2018. Completion of the scheme is expected completion by 2020.
Co-Founder & Executive Chairman of Scape Nigel Taee said: " We very much look forward to becoming a part of the local community in this historic part of Dublin and connecting our students with our other global sites and opportunities via the innovative SCAPE app, myscape"
Scape currently have 3,000 operational rooms in London, 5,000 rooms under construction in Australia with further sites underway in the USA.
Scape Living in Dublin will be represented both by Scape director Ronan Kierans and by international consultant, Barry O'Brien.