Glass Bottle Consortium’s plans for 1,510 apartments

glass-bottle-consortium’s-plans-for-1,510-apartments

Plans are to be lodged with Dublin City Council in the coming days for 1,510 apartments by the Glass Bottle Consortium for the former Irish Glass Bottle and Fabrizia sites at Poolbeg West, Dublin 4.

The Glass Bottle Consortium is led by builders, Lioncor and Johnny Ronan’s Ronan Group and the new scheme is to comprise six apartment blocks ranging in height from six to 18 storeys.

The 1,510 apartments are part of the regeneration plans for the former Irish Glass Bottle and Fabrizia sites that are to deliver 3,800 homes and nearly one million square feet of commercial space when complete.

The Irish Glass Bottle and Fabrizia sites cover 15.06 hectares (37 acres) and the new application concerns a 3.89 hectare (9.6 acres) site within the Poolbeg West Strategic Development Zone (SDZ) Planning Scheme adopted in April 2019.

The new planning application follows the Glass Bottle Consortium securing planning permission for an additional 586 homes at the site in February of this year.

In November, the Glass Bottle Consortium completed the first phase of the residential component of the regeneration scheme with the construction of the 212 unit Lime House.

In the new planning application, Glass Bottle Consortium development firm Pembroke Beach DAC is seeking a ten year planning permission for a residential and mixed use scheme at Quadrant A4.

The 1,510 apartments comprise 753 one bedroom units, 636 two bedroom units, 93 three bedroom units and 28 studios.

The units will deliver 128,648 sq metres of residential space.

The scheme will also include eight retail units, a creche, a community hub including a multi-purpose hall and an artists’ studio space.

The scheme also involves public realm spaces including the provision of a coastal park and a section of the coastal link.

The scheme also provides for 695 private car parking spaces and 2,408 long stay bicycle parking spaces.

The most recent accounts for Pembroke DAC for 2024 underline the progress made by the firm at the Glass Bottle site during the year.

They show that the value of “assets under development” increased from €369.15m to €561.96m, made up of €335.11m in “development cost” and a further €226.84m in site cost.

The project was financed in 2024 by loans of €442.47m – made up of €221.99m in bank loans and €215.67m in intergroup loans along with accruals of €4.8m.

The development company recorded a loss of €6.3m for 2024 due mainly to interest costs of €6.2m.

Reporting by Gordon Deegan

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