Uninest New Mill brings 400 student beds, regeneration and jobs to Dublin. GSA‘s ambition is to create a portfolio of some 5,000 beds in Dublin over the next four years and development in the city is a great example of how GSA looks at the wider regeneration benefits it can bring to the sites it identifies and develops for student accommodation.
The project, due to be finished in September 2017, will see the area developed into a 400-bed student residence, but it will also feature shops, a cafe and commercial space for local businesses. GSA estimates that around 150 new jobs have been created during the construction and refurbishment phase with the main construction contract placed with locally-based main contractors. A further 15 full-time permanent positions will be created once the student property opens.
In addition, a dilapidated, historic 18th century townhouse has been refurbished and restored by Freedom Group to form a key feature to the regeneration of the area. The reinstatement of number 10 Mill Street will be hugely beneficial to the area due to its historical significance. It was built in the 1720s and is one of the oldest buildings in Dublin. Achieving planning approval on such a sensitive site takes vision and deep understanding of the customer’s needs and those of the local community.
Archaeological work on the site has already revealed a number of historic artefacts, and GSA has committed to retain these, offering them to local museums and displaying others in public areas once the project has been completed.
“Uninest New Mill represents a milestone for GSA and more importantly an exciting new choice for students as well as local businesses and the surrounding community.“ Aaron Bailey, Head of Construction, EMEA.
The €41m project is part of a planned €250m investment in Dublin over the next five years in partnership with Chicago-based real estate private equity firm Harrison Street Real Estate Capital.