THE COUNTRY'S biggest developer is planning a new south Co Dublin neighbourhood, despite the housing slump.
P Elliot & Co has lodged an application for Stepaside for permission to build 410 homes, including 206 houses and 204 apartments.
It is one of the largest residential developments planned for the capital in the last number of months.
The site is located in the townlands of Murphystown and Woodside, the planning application states.
The land is bounded to the north and west by homes accessed off Hillcrest Road and Old Kilgobbin Road.
To the east of the site is open space linked to Ferncarrig and Sandyford Hall estates, while Aiken's Village lies to the south.
A former farmhouse called Dun Gaoithe will be demolished to make way for the new development.
Permission is also being sought for the construction of a neighbourhood shopping centre totalling 6,405 square metres.
If approved, it will have a convenience store and a further 11 retail units, including a pub, a sports hall, restaurants, a creche and a community club unit.
Some 810 parking spaces are planned as part of the development.
P Elliot has been involved in some of the country's biggest residential schemes, including Herberton in Dublin 8, which it completed as a public/private partnership.
It is also undertaking projects in London, where last April it secured the contract to develop land owned by the Parish of St Mary Magdalene and St David in Islington.
In addition, the company was appointed preferred bidder for the design and build of athletes' accommodation for the 2012 London Olympics.
The scheme will comprise of 201 residential units accommodating 1,500 athletes during the games.
Following the games, the scheme will be reconfigured and form part of a wider regeneration of the area.
The Stepaside application comes after Cosgrave Developments was given the go-ahead for the second phase of a housing scheme in nearby Dun Laoghaire.
An Bord Pleanala overruled an inspector's report and gave the go-ahead for 605 residential units on the northern section of the former Dun Laoghaire Golf Club land consisting mainly of apartment blocks of up to seven storeys.
The board said, because of the "coherent approach" of the proposed development and the adherence to sustainability guidelines, it did not believe it would be premature pending a local area plan for Dun Laoghaire.
It also ruled that the high density is acceptable considering the location and that the scheme would not be intrusive.
Cosgrave Developments already had permission for 856 housing units on the southern section.