Irish-built apartment buildings on the rise
Posted On July 5, 2021
The Irish-buildings craze has now taken a new turn, with new apartment projects being constructed in Dublin.
Here’s a look at some of the hottest projects underway around Dublin.
With a market demand for luxury homes growing, many of the most sought after apartments are being built in Dublin’s historic Old Town, according to the latest data from the Office of the Landmarks Preservation Officer.
The figures show there were 6,622 apartment buildings in Dublin in 2016, with nearly a third of the buildings constructed in the city’s historic centre.
There were 3,914 apartments in the historic city centre in 2016.
More than 70 per cent of the apartment buildings are built in the old quarter of the city, the latest figures show.
It’s the latest boom in the luxury apartment building craze, which is seeing demand soar from the countrys second largest city, Dublin, which has seen a surge in demand for the property.
The Irish Times has also learned that there are nearly 4,000 apartments in various stages of construction across the city.
The numbers for apartments in Dublin include residential and commercial buildings as well as other types of commercial units.
The latest data is from the OLLO, a government body that works to protect historic buildings.
In the first half of this year, the OllO identified 1,621 properties in the Dublin area that were being built.
This is the highest number of apartments in that time, but it comes at a time when there is a lack of affordable housing in the area.
The new housing is also expected to increase demand for Dublin City Council’s flagship Dublin City Centre redevelopment project.
Dublin City Centre will include more than 7,500 apartments.
This includes 1,200 units of affordable apartments and 2,600 affordable units in a 1.2-hectare development.
There are also a number of other developments in the Old Town including the redevelopment of the National Gallery of Ireland, the new Liffey Riverfront Hotel, the construction of the Liffy Harbour Bridge, the completion of the North End Estate development, and the completion, in November, of the Old Port development.
The new development of the historic Old Port has also been designed by the architecture firm Daedalus Architecture and includes a brand new glass-fronted tower.
The OLLo also revealed that in the first six months of 2017, it had identified 3,715 apartments and condominiums in Dublin City that had been completed.
The figure was up slightly on the previous six months, with the number of units in Dublin city growing by 2.4 per cent.
It is expected to see more apartment developments in Dublin over the coming years.