Almost 600 student beds with full planning permission beside one of Ireland’s biggest universities have been caught in a quagmire as their developer can no longer afford to build them, according to multiple sources, in part because of an agreement reached with Tesco two years ago. The developer, an American investor called Grand Coast Capital (GCC), secured full planning permission to construct 578 bed spaces for students and 32 apartments/townhouses for non-students on the five-acre site of the Park Shopping Centre in Stoneybatter in July 2021. It also secured permission to build a modern new Tesco store as part of…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €100.

Subscribe

Cancel anytime.

Are you already a member? .