Monday January 20, 2020

Shopping around for retail-friendly residents

Shopping centre owners have realised that one way to increase footfall is to build residential units close to their retail outlets

29th September, 2019
4
Quad 3 The Park in Carrickmines will have 130 apartments, shops, restaurants, offices and an indoor skydiving arena

With shops facing increased competition from online retailers, one of the ways that shopping centre owners are endeavouring to increase footfall for their retail tenants is by developing residential accommodation in the immediate or nearby environs. This is especially noticeable in south Dublin where these investors are planning more than 2,060 apartments in and around existing shopping centres in Dundrum, Stillorgan, Blackrock and Carrickmines, as well as in the new urban centre of Cherrywood.

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