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Cherrywood Shopping Centre

  • 04-11-2022 04:21PM
    #1
    Registered Users, Registered Users 2 Posts: 62 ✭✭


    Any idea what is happening with the Cherrywood Shopping Centre?

    I haven't seen any activity on social media since 2020. Are they still contructing? I saw the residential units have now been completed but what about the stores?



Comments

  • Registered Users, Registered Users 2 Posts: 864 ✭✭✭Zenify


    The developer's (Hines) latest YouTube video dated 3 months ago doesn't even mention the shops.


    Maybe ask in the comments section on YouTube and see what they say....



  • Registered Users, Registered Users 2 Posts: 1,838 ✭✭✭Caquas


    No sign of any work on this site and no word about a timescale for its development.

    There was an announcement yesterday about a new commercial lease on the other side of Cherrywood

    APC and VLE Therapeutics, two Irish-owned drug-development companies, have signed a long-term lease with DLR Properties, a company wholly owned by Dún Laoghaire-Rathdown Co Council, for a new 60,000sq ft building to facilitate the delivery of their planned 130,000sq ft Medicine Accelerator campus.

    Good news for the bio-med side of Cherrywood but the final paragraph of the report gives no grounds for hope in regard to the promised Town Centre.

    DLR Properties currently owns and manages 180,000sq ft of buildings and a prime town-centre development site of 13 acres in Cherrywood. This site is set to be developed to provide a mix of residential, commercial and community uses

    Don't hold your breath

    https://www.irishtimes.com/property/commercial-property/2024/05/29/apc-signs-pre-let-deal-for-new-60000sq-ft-building-at-cherrywood/



  • Registered Users, Registered Users 2 Posts: 752 ✭✭✭FernandoTorres


    Think it's fairly normal to wait for the houses to be built before any shopping centre. No point in having a load of shops with no customers. Also retail is dying on its arse and Carrickmines/Dundrum are easily not far away. Just look at the writedown the Square Tallaght has had. Doubt they'll be in any rush.



  • Registered Users, Registered Users 2 Posts: 24,301 ✭✭✭✭ted1


    still lots of residential units to build

    The square is home into receivership, retail isn’t to hot at the moment



  • Registered Users, Registered Users 2 Posts: 1,838 ✭✭✭Caquas


    Most of the houses and apartments are built and are rapidly filling up. I would guess Charrywood’s residential areas will be complete within a year and nothing has been done for the town centre. If they never build the town centre, then the vast SDZ planning exercise - one of the most ambitious in the history of the State - was a waste of time.

    Cherrywood would be just another very large residential zone with some basic amenities- a few parks and a primary school - built around the existing transport infrastructure. The same result could have been achieved by the private developers with far less intervention by the Council.
    https://www.dlrcoco.ie/planning/cherrywood-sdz



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  • Registered Users, Registered Users 2 Posts: 163 ✭✭frank730


    Did they not ask for revised planning permission last year where they are no longer going to build the "big" shopping centre but more apartments?



  • Registered Users, Registered Users 2 Posts: 1,838 ✭✭✭Caquas


    There have been many amendments over the years but I think the plan is still to build a big retail centre of 35-40,000 sq. m.

    Not another Dundrum but not just a local centre. Except so far no sod has been turned.

    https://www.dlrcoco.ie/sites/dlrcoco/files/2024-03/Chapter%202%20-%20Proposed%20Development%20in%20Cherrywood.pdf



  • Registered Users, Registered Users 2 Posts: 1,838 ✭✭✭Caquas


    The shopping centre is officially ditched and a sports centre fantasy is being hyped in its place.

    The proposed €190 million development on an eight-acre site in Cherrywood, south Dublin will include two Olympic-sized ice rinks; a 5,000-seat indoor arena and a training centre for elite athletes.

    The investment vehicle behind the project, Prime Arena Holdings Limited, said it had reached agreement to purchase the site from US real-estate group Hines, which is already developing 1,300 apartments within the Cherrywood strategic development zone.

    So the shopping centre site is sold for an undisclosed sum to a new "investment vehicle" with lots of high-profile "investors", few of whom have serious money and none of whom, I suspect, have risked their own money thus far. Because it won't be long before they present the Government with a bill for north of €100 Million. Then we will enter a "process" i.e. no sod turned while endless media battles are fought to get taxpayers to pay for this scheme.

    The local politicians are on board - how quickly they forget the plans which cost millions to develop!

    Cathaoirleach of Dún Laoghaire-Rathdown County Council Jim O’Leary welcomed what he described as Ireland’s first dedicated winter sports arena. “This transformational arena will contribute significantly to our corporate goals in realising our sports, tourism and cultural ambitions.”

    The Irish Times has to do better than simply hyping these plans. What about its commitment to  "enable readers of The Irish Times to reach informed and independent judgements"? The new residents of Cherrywood should not be deluded by this switcheroo.

    https://www.irishtimes.com/business/2025/04/25/190m-winter-sports-arena-to-host-irelands-first-ice-hockey-franchise/



  • Registered Users, Registered Users 2 Posts: 17 Hesperus


    @caquas why so negative?



  • Registered Users, Registered Users 2 Posts: 1,838 ✭✭✭Caquas


    Because the IT is unquestioning of this fundamental change in Ireland's largest SDZ - if I just posted the IT link, Boards would not see any of the issues with this proposal which I tried to point out.



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  • Registered Users, Registered Users 2 Posts: 752 ✭✭✭FernandoTorres


    The stadium plans have nothing to do with the shopping centre from what I can see. That's still awaiting amended planning approval.



  • Registered Users, Registered Users 2 Posts: 24,301 ✭✭✭✭ted1


    yes, coming off the motorway the shopping centre was to be to the left. The stadium will be on the right



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