A new Liffey bridge, three public parks and over 5km of cycle lanes will form part of an ambitious €400m plan for the Poolbeg peninsula, Dublin Port Company has revealed.
Known as the 3FM Project, the third and final masterplan is intended to bring the port to its ultimate capacity by 2040.
The scheme will deliver 20pc of the capacity required on one-fifth of Dublin Port Company’s lands on the southside of the Liffey.
Work on the project, which is at pre-planning stage, is expected to commence in 2026 and is due to be completed between 2030 and 2035.
A planning application will be lodged with An Bord Pleanála in early 2023 after the preparation of detailed project design and environmental impact reports, according to Dublin Port Company.
As part of the masterplan, a new private road – the Southern Port Access Route – will be developed to link the north and south port areas. This will remove HGVs from the public road via a new Liffey bridge crossing, immediately east of the Tom Clarke Bridge (East-Link).
Dublin Port Company believes that diverting freight traffic will result in a less congested active travel route for pedestrians, cyclists and public transport users in the city.
The plan will also see the provision of 15.1 acres of new public parks in three locations on the Poolbeg peninsula.
This will include a sailing, rowing and maritime campus, along with Pigeon House Park and a 6.9-acre Port Park. This larger park will function as a buffer between Dublin Port and the Pembroke at Dublin Four development on the former Irish Glass Bottle factory site.
Under the plan, up to 5.5km of cycle and pedestrian routes will be provided on the peninsula.
Other elements of the 3FM Project include the construction of the largest container terminal in the country, which will be located in front of the ESB’s Poolbeg power station. This facility will have an annual throughput capacity of 360,000 containers.
A 325m diameter ship turning circle will also be created in front of Pigeon House Harbour.
Since 2010, Dublin Port Company has invested €500m in the north port area to cater for growth of 44pc in overall volumes in just 10 years.
Eamonn O’Reilly, chief executive of Dublin Port Company, said there was very little spare capacity for future growth of unitised trade at any port around Ireland.
“Planning for long-term needs as far out as 2040 is very difficult and it is important for us in Dublin Port to plan early to ensure that we are ready to construct nationally essential port capacity in advance of demand,” he said.
The overall masterplans for Dublin Port are expected to cost an estimated €1.6bn between 2010 and 2040.