Carroll’s Cherrywood landbank to be brought to market

A substantial land bank formerly owned by developer Liam Carroll, is to be put on the market.

The offer price is expected to be in the region of €300 million and consists of 400 acres of prime development land at Cherrywood in south Dublin.

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A fast track planning approval was put i place before the offering and amounts to the largest land bank ever to come to the market.

The site is part of a bigger tranche of land that was designated as a fast-track zone this week, An Bord Pleanála said today.

Lloyds Banking Group, NAMA and Danske Bank are the expected lenders to the project.