Quintain has started building the first phase of its new €500m urban village development in Adamstown in West Dublin.

The first phase includes 279 apartments and over 91,000 square feet of space to house two major supermarkets, 20 retail units and five restaurant outlets, along with a multi storey car park.

The development will be called The Crossings.

With 3,000 homes already completed in Adamstown and over 5,000 new homes expected over the next five years, Quintai said the new development will deliver a focal point for the community to live, work and play.

Tesco has signed a lease for a 40,000 square feet store, which is set to open in January 2023, with a second leading supermarket anchor store set to open at the same time.

The 279-unit apartment complex adjacent to the retail facilities is due to be completed by mid-2023.

Quintain said that planning permission for a second phase of 185 apartments has been granted and further phases are planned for submission in late 2021 and early 2022.

Quintain owns 220 acres in the Adamstown/Lucan area, where it plans to develop over 4,000 new homes and 250,000 square feet of commercial space.

The company's broader land portfolio covers 460 acres of prime assets in Ireland at Adamstown, Clonburris, Portmarnock, and Cherrywood.