Crosslane Student Developments (“Crosslane”), part of the Crosslane Property Group, celebrated the topping out of its latest Purpose-Built Student Accommodation (“PBSA”) development in Dublin on 11 April 2019, which will open on time and on budget for the start of the 2019/20 academic year following a tight construction timetable that began in June 2018.
The ceremony was conducted by Lisa Timberlake, Senior Development Manager for Crosslane Student Developments, along with Enda Kelly and Brian Gorman for Stewart Construction, and attended by the team of agents, contractors and professional partners working on the project.
The project is Crosslane’s first student scheme in the city and in the Republic of Ireland. The new development is situated at the junction of Carman’s Hall and Garden Lane to the west of Dublin city centre, south of the River Liffey and within the main ring road. This location makes it ideal for students, just a short walk from the Royal College of Surgeons’ campus and Trinity College, with Dublin City University and the University College Dublineasily accessible by public transport.
The scheme comprises of three residential buildings of between three and six storeys, with 207 high-specification en-suite beds arranged in cluster apartments of between five to eight bedrooms. This arrangement encourages students to live in groups, make new friends and provides cultural opportunities as part of their university experience, as well as providing rooms at more affordable rent prices. The development also features significant shared communal areas, including a common room, gym, study room, bicycle storage, a public coffee shop at ground level and a private outdoor landscaped courtyard.
Dublin is an internationally renowned university city, with over 80,000 students studying at the city’s higher education establishments. Trinity College Dublin – a short walk away from the development – is ranked 88thin the QS World University Rankings 2018, and nearby University College Dublin is considered to be one of Europe’s leading research-intensive universities driving demand for well-located, premium purpose-built student accommodation in the city which continues to outstrip supply.
Lisa Timberlake, Senior Development Manager, Crosslane Student Developments, said:
“We are delighted to be working with Stewart Construction on our first development in the Republic of Ireland and pleased to be on track and on budget. This development is in a prime location and whilst it will satisfy some of the increasing demand for student accommodation in Dublin, demand continues to outstrip supply. Whilst this is our first development in the exciting and vibrant city of Dublin, Crosslane also has planning consent for a 99 bed student accommodation scheme in Stoneybatter, to the west of the city, and we continue to explore other sites in the city to develop purpose-built student accommodation, helping to meet the growing demand for this type of student housing to ease the imbalance in supply and demand.”