MM Capital, owners of the Phibsborough Shopping Centre in Dublin, have been granted planning to convert the building into a Co-living Scheme. Planning permission for student accommodation was previously granted. However, a dispute with the Centre’s ground floor tenants, Tesco, meant that the works did not go ahead. In November 2020, the Minister for Housing, Darragh O’Brien, announced a ban on new co-living developments. Nonetheless, the relevant legislation was not signed until the 22nd of December. MM Capital lodged the application for the co-living development during the period between November and December.
The application originally included 321 single rooms. However, An Bord Pleanála, in granting permission, reduced the number to 297, thus slightly increasing the average space of 18 square metres. There will be approximately 27 rooms, four shared kitchen and living areas on each of the six floors, of the two blocks on top of the existing ground floor shopping centre. Rather than demolishing the existing building, it will be revamped and clad with metal mesh.
It is expected that construction will begin in early 2022 with a view to finishing in 2024.
This article was first seen on: