Plans for over 600 new homes in South Dublin have been unveiled by the Land Development Agency (LDA).

The 607 apartments are being delivered in partnership with Cairn and are already under construction in Dublin 22 at Seven Mills, a new town being developed beside the Grand Canal between Clondalkin and Lucan.

The new apartments have been secured under the LDA’s Homebuilder Partnership Framework (Project Tosaigh) with the first homes to be completed by the end of this year.

They are being developed in a 12-acre section of Seven Mills called Cooper Square, which consists of 257 one-bed, 318 two-bed and 32 three-bed apartments.

Cooper Square will deliver to the Passiv Haus standard, which is designed to reduce heating bills and offer residents an increased standard of comfort.

John Coleman, Chief Executive of the LDA, said: "This is a major announcement for the LDA and one we are very excited about. We are partnering with Cairn to finance and deliver 607 apartments in a brand-new town in Dublin, which has been deemed an area of national importance by the Government given its status as a Strategic Development Zone.

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"This investment by the LDA reinforces significant infrastructure investment by the Government in the area. As such, this transaction represents a coherent and targeted approach to maximise the impact of State housing interventions resulting in the delivery of affordable homes.

"Seven Mills is an excellent project in a well-served location and it's great that the housing mix on offer will now include LDA-owned cost-rental housing. I would like to thank Cairn Homes for partnering with us on this project and I look forward to the completion of the first of these new homes later this year."

All of the apartments will be made available as cost rental homes. This is a new tenure, which provides a secure, long term rental option at below market rates. It is designed to assist those who do not quality for other state supports, but who are struggling to afford to rent in the private market.

Michael Stanley, Chief Executive of Cairn Homes said: "We are pleased to be continuing our long-standing partnership with the LDA to deliver these new cost rental homes.

"We are using our scale and apartment construction capability to deliver these high-quality energy-efficient homes at pace. The first 200 apartments will be completed and handed over to the LDA later this year."

Seven Mills is being developed by Cairn within the Clonburris Strategic Development Zone. The town has been planned around two retail and commercial hubs with shops, restaurants, meeting areas and new office buildings.

Once completed, Seven Mills will be about the size of Maynooth in Co Kildare with over 5,500 homes, including over 3,000 that are eligible for first home scheme, cost rental and social and affordable.

Construction started on Seven Mills in January 2023 with the first residents moving into their new homes before the end of 2023.