A PLAN allowing for 2,600 apartments on 50 acres of undeveloped land in Dublin’s docklands has been approved.
Up to 366,000 square metres of office space will also be constructed under the high-rise scheme sanctioned by An Bord Pleanala.
It is expected the population of the area will increase by 5,800 and almost 23,000 more people will be employed there.
Dublin City Council welcomed the board’s approval of the North Lotts and Grand Canal Dock strategic development zone (SDZ) scheme.
The decision enables individual projects coming within the framework plan to be fast-tracked once the permission is lodged.
Dublin’s Lord Mayor Oisin Quinn said: “The docklands area is highly attractive to international investors so the approval of the planning scheme should now lead to construction of new commercial developments.
“The plan also prioritises residential development. The existing apartments in the docklands are proving very popular and the SDZ scheme provides for 50pc of the new development to be residential.”
Provision has been made for varying height limits, ranging from five to eight storeys for commercial blocks and six to 10 storeys for residential blocks.
There is also provision for a 22-storey landmark building at the Point Square and Britain Quay.