Galway development company the Comer Brothers are to invest €1.5bn to create 3,000 homes, manufacturing space and a science park on land between Dublin Airport and the M50 motorway.
Co-founder Luke Comer said: "It is close to the M50, the airport, Dublin Port and the city centre. It is an absolutely ideal place to develop both homes and commercial space."
The site will be offered access by the 53km Metro rail line, which is set to link Dublin Airport with the city centre.
The residential section of the new project will be bordered by a science park on one side and light manufacturing floor space on the other.
The group bought the land earlier this year; however, planning has not yet been secured.
(IT/JP)
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