Paddy McKillen’s property development company, Oakmount Group, has received planning permission to build a 291-unit residential complex on a premium Blackrock site previously owned by a Catholic religious order.
Yesterday, An Bord Pleanála approved the Oakmount blueprint for the 4.56-hectare (11.27-acre) site in Temple Hill, Monkstown, south Dublin, with only minor amendments.
It marks a milestone in Mr McKillen’s efforts to expand and diversify his project and property portfolio in Co Dublin and become a major player in the residential market.
Mr McKillen acquired the site, formerly owned by the Daughters of Charity of St Vincent de Paul, for a reported €30m in 2017.
The plan as approved envisions the construction of 13 new residential blocks of two to eight storeys containing 284 residential units, mostly two-bed and three-bed apartments and including six three-bed duplexes.
An Bord Pleanála did require the removal of one block and three apartments from Oakmount’s submission.
An existing protected building, St Teresa’s House, is to be converted into a three-storey block of six apartments, while the one-storey St Teresa’s Lodge will be dismantled, relocated nearby and converted into a one-bed residence of approximately 39 sqm featuring original roof timbers, decorative elements and rubble stonework.
The project’s plans for use of open space include a woodland park, playground, courtyards and gardens totalling nearly 15,000 sqm.
Residents will benefit from an on-site créche and clubhouse.
Some 272 spaces for vehicles, mostly underground, 20 motorcycle bays and 666 bicycle spaces are planned.
In its ruling, the planning board concluded that the Oakmount plans “would constitute an acceptable residential density in this suburban location, would not injure the residential or visual amenity of the area [and] would not detract from the character and setting of the Gate Lodge”.
It said an environmental assessment impact report was not required because “the proposed development would not be likely to have significant effects on the environment”.
An Bord Pleanála ordered that all of the development’s vehicle parking spaces should be designed with future use of electrical cars in mind.
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