Strategic Development Zones
Dublin Docklands SDZ
NAMA originally held an interest in 75% of the 22 hectares of developable land in Dublin Docklands Strategic Development Zone (SDZ). NAMA has been instrumental in driving and facilitating the development of the Docklands area, transforming previously derelict and brownfield sites. When fully developed, these sites will provide 4.2 million sq. ft. of commercial space and 2,183 residential units, accommodating 20,000 office workers and 5,000 residents in the area.
Of NAMA’s original interests in the Dublin Docklands SDZ:
- 99% is now construction complete or sold
- 1% will be sold for future development
Examples of completed projects in the Dublin Docklands
Poolbeg West SDZ
The Poolbeg West SDZ, located to the east of Dublin’s south docks, is one of the largest mixed-use development opportunities in Dublin City.
Over recent years, NAMA has worked with a range of stakeholders to progress necessary pre-development exercises, including the procurement of suitable investment partners (Ronan Group and Lioncor). NAMA received consideration of €200 from these parties for an 80% shareholding in the development. In June 2023, NAMA sold its 20% shareholding to the development consortium.
When fully developed, the 37.2 acre former industrial site will provide 3,800 new homes, of which 25% will be social and affordable, and comprise a mix of offices, retail, hotels, cultural and community facilities, leisure, restaurants, bars, and open-air public amenity space within walking distance of Dublin City Centre.