Wednesday September 23, 2020

Dundrum Town Centre owner plans new residential projects

Hammerson, owner of a number of Irish shopping centres, is to use land it owns near the centres for its “city quarters” project, which could lead to thousands of new residential units

Killian Woods

Business reporter

@killianwoods
9th August, 2020
Hammerson said six acres of prime development land is based at the Ilac Centre in Dublin city centre, six acres at Dundrum Town Centre, and 18 acres at Pavilions in Swords

Hammerson, owner of the Dundrum Town Centre and other retail outlets, will double-down on its Irish residential property business next year, potentially delivering thousands of new homes.

Due to uncertainty in the retail market, Hammerson has said its future developments will include a wider variety of uses, with less space dedicated to retail. Its “city quarters” projects will make use of existing land in the company’s portfolio to create more residential, workspace, hotel and leisure...

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