The redevelopment of Dalymount Park has moved a step closer after the Department of Finance approved a draw down of over €900,000 awarded 13 months ago to Dublin City Council for the regeneration project.

The Dalymount Park redevelopment, which is projected to cost €34.3m in conjunction with the redevelopment of Phibsborough Shopping Centre, received funding to the tune of €918,750 in January 2020.

Further grants are likely to be sought to help meet the overall cost.

This initial funding will be used for facilitating the appointment of architects, engineers and a design team to work alongside project managers.

Minister for Finance Paschal Donohue said it is another step forward and positive news for Bohemians, Irish football and the local area in north Dublin.

The allocation was part of the Large Scale Sport Infrastructure Fund last year.

Shelbourne will be co-tenants with Bohemians when they leave their current home at Tolka Park.

The plan is for Bohs to move to the Drumcondra venue for two years from the start of the 2022 season ahead of a 2024 return to a redeveloped Dalymount but this is dependent on the speed with which the project progresses.

The redevelopment was initially mooted in 2014 by then FAI chief executive John Delaney as part of a legacy of Dublin hosting Euro 2020 matches. 

The plan for the development is a 6,000 seat UEFA Category 3 stadium, with community facilities, including a library, flexible community space and meeting rooms plus concourse space at ground level which can be utilised for community activities and events on non-matchdays.