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Published 09:24 11 Sept 2026 BST
Updated 09:24 11 Sept 2026 BST

The Land Development Agency (LDA) has announced commencement of 562 new homes in a new partnership with Castlethorn, one of the country’s leading homebuilders.
The homes are due to be built at Parkgate Street in Dublin, on a site formerly occupied by Hickey’s Wholesale Fabrics warehouse, which is just across the River Liffey from Heuston Station and close to the entrance of Phoenix Park.
The project includes four inter-connected apartment blocks, one of which - Parkgate Pointe - is a landmark 30-storey centrepiece that is set to become Ireland’s tallest building.
The development’s main 30-storey building will include 198 apartments. The remaining homes will be delivered in three blocks, ranging in height from 10-13 storeys.
Construction is due to begin in the coming weeks, and the homes are forecast to be completed in late 2029.
In addition to housing, the developer says the site will include amenities and retail space.
Parkgate Street, which was granted planning permission by Dublin City Council last year, will now progress as part of a partnership between the LDA and Castlethorn.
Parkgate Street is being delivered as part of the LDA’s Project Tosaigh initiative in which the LDA partners with private homebuilders, providing the finance required to ensure the construction and completion of new homes. The completed homes are then owned by the LDA.
All of the newly developed apartments will have an A BER rating also includes a number of roof terraces and a communal landscaped courtyard.
The development is the first step in the regeneration of the Heuston Station area.
Ireland will need to build 93,000 homes a year meet demand between now and 2031, according to a report by stockbroker Davy last year.
This estimate is significantly higher than housebuilding targets included in the Coalition's Programme for Government, which envisages 300,000 new homes being built between 2025 and 2030.
In 2024, there were only 30,000 homes built in Ireland, which fell short of the Government's official target of 33,000 and far below projections by then minister for housing Darragh O'Brien.
As of July 2026, there were 17,527 people officially recorded as homeless in Ireland
Minister for Housing, Local Government and Heritage James Browne said: “It is critical to see these much-needed new homes for Dublin progressing and located in the heart of the city, where we want people to live.
“The LDA’s Project Tosaigh initiative has unlocked this significant home building project and they will be made available under the Government’s cost rental scheme, providing secure and affordable homes at scale. It’s badly needed here in Dublin.
“We are making record investment in housing, and we are seeing the dial shift. I have been relentless in making key reforms and we’re driving on with what’s needed to get cranes in the sky and keys in people’s hands.”
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