Developers to spend €1.5bn constructing 3,000 homes by Dublin Airport

Comer Group Ireland

Luke Comer, co-founder of their international property development company, Comer Homes, described the 210-acre site as "the most strategic piece of real estate in Europe."

"It is close to the M50, the airport, Dublin Port and the city centre. It is an absolutely ideal place to develop both homes and commercial space," he said.

The development will help to address Dublin's acute housing shortage, the Comers said.

Dublin will need 9,000 new homes built every year between now and 2018 to meet capacity, the Society of Chartered Surveyors has predicted.

Residents will have rail access to the city centre, as the site will be served by the 53km Metro rail line planned to link up Dublin Airport with the centre of the capital.

The residential part of the development will cover 15m square feet of land and be bordered on either side by a row of commercial space - a science park on one side and facilities for light manufacturing on the other.

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