Further consideration required to allow developer build 158 build-to rent apartments at Ibis Hotel
A DEVELOPER has been told that it’s plan to construct 158 build-to-rent apartments at the Hotel Ibis requires further consideration by An Bord Pleanála in a pre-planning consultation.
Propiteer Ibis Red Cow Limited lodged it’s plans for the lands at the Ibis Hotel, Mount Talbot Road off Monastery Road in Clondalkin with An Bord Pleanála (ABP) on December 17, 2021.
The Board considered the proposals in the pre-planning consultation.
Pre-planning consultations are held in advance of developers submitting planning applications for Strategic Housing Developments (SHDs).
On June 8, 2022, ABP came back to the developer to tell them that their plans needed further consideration and amendment prior to submission of a full planning application.
The internationally branded Hotel Ibis Dublin was sold to current owner, Propiteer Ibis Red Cow Limited, for a price in excess of €14m back in 2018.
At that time, the 150-guestroom hotel had been recently refurbished, and was sold subject to an existing franchise agreement with Accor Hotels.
Real-estate agent JLL sold the property on behalf of Cannock Dublin Hotel Ltd.
Before that, in 2015, the hotel changed hands when it was sold and franchised back in an off-market transaction on behalf of Accor – according to reports in the Irish Times.
Having acquired the property for just over €5m, Cannock put the hotel up for sale a year later in a bid to flip the property with a guide price of €13m.
Adjacent to the Naas Road, the Hotel Ibis was built in the mid-1990s and underwent a substantial refurbishment in 2007.
SHD applications go straight to An Bord Pleanála, bypassing councils and disarming elected representatives from making a decision on a large-scale development.
Legislation to end SHDs and restore the decision-making of large-scale housing developments to Local Authorities such as South Dublin County Council was passed in December 2021.
This bill replaces the SHD process with a new planning process known as Large Scale Residential Developments (LRDs) – although there is a bedding in period as all SHDs work their way through the system.
