South Dublin County Council has agreed to sell off 48 acres of land for 26.4 million euro, leading to the construction of Ireland’s first full-service media park.
That's after councillors last night voted in favour of the plans.
It's hoped the plot at Grange Castle Business Park will facilitate film, TV and digital content production in 12 state of the art sound stages.
The development by Lens Media Limited is also expected to include 100,000 square foot of workshop space and another 100,000 square foot of office space.
Jobs
The construction phase 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.
The initial investment in the development of the media park by Lens Media is expected to be €125 million euro.
Speaking on the decision, Councillor Vicki Casserly, Mayor of South Dublin County, said,
"This initial €125,000,000 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.”
