The Land Development Agency (LDA) is set to lodge plans for 285 new affordable homes at The Gasworks, Dock Road, Limerick.
The homes are to be developed on land being acquired by the agency from Gas Networks Ireland (GNI).
The proposed development will include 142 one-bed, 127 two-bed and 16 three-bed apartments across three blocks ranging from one to eight storeys.
The plans also include a new public plaza, landscaped gardens, communal spaces, play areas, retail units and a childcare facility.
The LDA said the freestanding limestone wall which faces on to Dock Road will be retained and incorporated into the design.
Subject to approval, it said construction could begin in 2027.
"Having worked extensively on the design process for this site, we are confident that this project, in a prime location near Limerick city centre, has the capacity to revitalise the area through the delivery of 285 much needed affordable homes and amenities," said John Coleman, Chief Executive of the Land Development Agency.
Ronan Galwey, Acting CEO of Gas Networks Ireland said it is proud to support the LDA for this project.
"The Limerick site is a prime example of how state bodies can work in partnership with the LDA to unlock the potential of public land for the benefit of communities," he said.
Mayor of Limerick, John Moran, who is former chair of the LDA, welcomed the planning application.
"I've long believed in the potential of the Docklands to better serve the public good by unlocking lands for housing. It is heartening to see a project there reach a key milestone even if there is still a way to go," Mayor Moran said.
"285 potential new homes at such a strategic site would be another piece of the large jigsaw we are developing of similar projects in housing, infrastructure and other areas all across Limerick city and county."
