An eight-acre site at the Phoenix Park Racecourse in Dublin has been put forward as a potential location for a new National Children's Hospital.
Dublin-based firm Flynn & O'Flaherty says the hospital could be built for €440m, more than €200m less than the proposed development at the Mater Hospital site.
The site has been offered free of charge by Flynn & O'Flaherty, which says its site has planning permission for up to nine storeys and the project could be completed by 2016.
The racecourse site is off the N3 and is 1km from the M50 interchange at Castleknock.
It also has a Quality Bus Corridor and train station beside it linking it to Connolly station and the Luas line.
However it would not be bi-located with an adult teaching hospital.
Last February, An Bord Pleanála rejected planning permission for the design for the new National Children's Hospital at the Mater Hospital.
In March, a review group was set up to advise the Government on its options.
Since then, at least 17 locations in the Dublin area have been put forward as potential sites for the hospital.
The review group is due to report its findings at the end of this month.
The findings will then be brought before Cabinet.
