New Student Digs In Dublin 8
Knightsbridge Student Housing Ltd has announced a €23m development of housing for 470 students around parts of the old Guinness brewery in the Liberties.
Bob Crompton, CEO of Knightsbridge, said: “Although we have a strong presence in four European markets, this development is our first entry into the Irish higher education sector, so it is a really exciting move for us.
“Our aim is to provide high-quality, service-led student accommodation, and we believe Dublin 8 provides a perfect location for that. It makes good sense to locate student housing close to a project such as The Digital Hub, where growing enterprises are constantly on the lookout for new talent.”
Work on the student housing development is expected to commence this August and it is hoped the first students will be in residence by September 2016.
In September 2012, the Digital Hub Development Authority sought expressions of interest from investors seeking to develop a section of the Digital Hub site adjacent to Bonham Street. Knightsbridge acquired a 1.2-acre site for the student accommodation.
As part of the project, Knightsbridge will also refurbish a 19th Century grainstore building on the Digital Hub campus. The refurbishment will require an investment of €2.8 million, and will provide The Digital Hub with an additional 10,650 square feet of enterprise office space. Work on the refurbishment will commence in May, and is expected to be complete within a year.
The Digital Hub is currently home to 70 scaling digital companies, employing almost 900 people. (24/03/14)