It was announced today that Kennedy Wilson has launched Phase II of its premier Clancy Quay development, an upmarket rented residential development with 423 existing units, located on the southern banks of the River Liffey in Dublin, at the historic site of Clancy Barracks.
Phase I completed in 2008 and comprises 423 fully furnished apartments, benefitting from a rolling refurbishment programme over the past three years. Phase II consists of an additional 163 new houses and apartments, arranged in both converted former army barracks and in new buildings. All units benefit from high-quality interior design finishes, fitted kitchens and generous balconies/terraces.
Kennedy Wilson will also provide the Artist in Residency Studio, a collaborative project in partnership with the National College of Art and Design (NCAD) which provides five NCAD graduate artists with support from the NCAD Access Office and studio space for a twelve-month residency at Clancy Quay.
Speaking this week, Chief Operating Officer of Kennedy Wilson Europe, Peter Collins said, "The launch of Phase II is a key milestone in the development's progress and on completion of both Phase II and future Phase III Clancy Quay will be the largest rented residential scheme in Ireland with 845 units by 2020. With a multifamily portfolio of almost 2,000 units in Ireland, Kennedy Wilson remains committed to investing and growing its portfolio for the long-term."