Work on the largest ever student accommodation project outside Dublin is expected to start in Q2, according to Whitebox Developments.
The €300m, 1,400-bedspace development at Groody, Limerick has already been granted planning permission and is expected to be delivered in two phases.
The first phase - comprising 724 beds – is due to be completed by mid-2028.
The second phase will be completed 12 months later.
The purpose-built student accommodation (PBSA) scheme will be developed on land fronting Groody Road and Dublin Road, Castletroy and will comprise five blocks ranging from five to eight storeys.
Its anticipated to bring major relief to student accommodation deficits in Limerick.
Martin White, Managing Director of Whitebox, said: "The scale of this development reflects our confidence in Limerick's future as a thriving academic and economic hub, and our belief that students deserve access to quality, affordable, modern accommodation."
The announcement follows the publication by Minister for Further and Higher Education, Research, Innovation and Science James Lawless, on Tuesday last of the second National Student Accommodation Strategy, setting out a focused plan to support the delivery of 42,000 student beds by 235.
Mr Lawless said the project illustrates the important role that the private sector can play in delivering modern, high-quality student accommodation across Ireland.
In addition to the accommodation, the development will include a suite of modern amenities such as a library, canteens, laundry facilities, a student union office, bicycle storage, landscaped courtyards, car and bicycle parking, boundary treatments, roof plant, public lighting and other ancillary works.
In total, approximately 500 people will be employed during construction, with 75 people employed on an ongoing basis at the completed campus.
