Construction work has started to develop 1,300 new homes in south Dublin.

The houses at Cherrywood are part of Ireland's first build-to-rent projects on the Government's plan for 'Rebuilding Ireland'.

The properties will also pave the way for a substantial element of the 7,000 new homes envisaged along four LUAS stops.

Housing Minister Simon Coveney said: "The overall investment of capital into the Irish economy from the full SDZ infrastructure project will be in the order of €160m and will build up to just short of €1bn. There are additional announcements to come on other major public and private housing projects in Dublin and regionally.

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"Work is advancing on the Government's National Planning Framework for overall planning and development – Ireland 2040 – Our Plan, Rebuilding Ireland is gaining momentum and delivering on the ground.

"Cherrywood will be a model sustainable community, provided from the outset with high-quality public transport facilities, new parks equal in size to Marlay Park and Saint Stephen's Green and a truly integrated residential and retail town centre along with 1,300 build-to-rent units, 10% of which will be social, in one straight go, with the aim of starting in Autumn of this year."

(CD/JP)