Council agree to sell 48 acres in Grange Castle for €26.4m
By Aideen O'Flaherty
PLANS for the development of the country’s largest media park for film and TV studios, at Grange Castle Business Park, are a step closer to being realised, after South Dublin County Council agreed to the sale of 48 acres of land in the business park to Lens Media Limited for €26.4m.
At Monday’s monthly meeting of South Dublin County Council, councillors unanimously voted in favour of the disposal of the council-owned land in Grange Castle Business Park, with the sale generating €26,400,000 for the council to reinvest into South Dublin County.
Grange Castle Business Park
The Grange Castle Media Park will see the construction of a full-service media park which will facilitate film, TV and digital content production in 12 state-of-the-art sound stages.
The sizeable media park will also house 100,000 sq. ft of workshop space and another 100,000 sq. ft of office space, and the construction of the entire media park is expected to generate between 1,200 and 1,500 jobs.
Once complete, the park will provide approximately 1,800 direct jobs and a further 1,800 ancillary jobs, and the initial investment in the development of the media park by Lens Media is expected to be €125m.
Cllr Vicki Casserly, Mayor of South Dublin County, said: “This initial €125m investment by Lens Media into developing Ireland’s first media park at Grange Castle Business Park once again highlights South Dublin County’s ability to attract global leaders in enterprise.
“The economic impact of this decision will be enormous in terms of jobs created and the revenue this will generate for South Dublin County Council to reinvest in the county.”
A spokesperson for Lens Media said: “The Grange Castle Media Park will be a world-class facility.
“Its size and specification will help to propel Ireland into a major world-class player in the screen creative industries, creating thousands of long term and sustainable jobs for Dublin, and all over the country, as we re-emerge from the coronavirus pandemic.”
Lens Media Ltd is a private consortium led by producer Alan Moloney, Windmill Lane founder James Morris and Oscar-nominated producer Gary Levinsohn.
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