Over €34 million sought for redevelopment of Dalymount Park
Dublin City Council is planning to borrow €34.03 million for the redevelopment of Dalymount Park .
Councillors will vote on this proposed borrowing at next Monday’s monthly meeting, where they will discuss the phased redevelopment plan for the home of Bohemians in Phibsborough . The Council took ownership of the stadium in 2015, with redevelopment proposals ongoing for the past ten years.
As a recognised landmark of Irish football that has fallen into disrepair, the aim of this project is to revitalize Dalymount Park to be used as the ongoing home of Bohs and for League of Ireland games in general. This news comes following the approval of a €25 million investment in the crumbling stadium last year.
The total cost for the redevelopment now stands at €63,750,475 and Part 8 planning approval allows for the demolition of the existing stadium. This opens the door for a new 8,034 capacity stadium with provision for 6,240 seats and 1,794 standing.
Other developments include reorientation of the pitch to a North/South Axis (105m x 68m) and installation of a new sand-based grass pitch, a basement area to facilitate changing rooms and facilities, as well as club offices and a merchandise shop.
This phased project sees construction work begin in 2027 with an aim to complete in the latter half of 2028. This latest €34.03m loan has a term of 30 years, with repayment costs of €1.8m per year.
Repayment will be funded through annual rental income, matchday revenue and non-matchday revenue. The potential of other income streams and commercial opportunities are also being considered.
The breakdown of spending for the €34.03m is estimated at €16.29 in 2027, €11.78 in 2028, and €5.96 in 2029. The redevelopment is also intrinsically tied to wider plans for the regeneration of Phibsborough Village.
This regeneration also includes Phibsborough Shopping Centre. In 2017, the Council granted permission for a mixed-use scheme including retail and restaurant units, office space, a civic plaza and 341 student bed spaces. That plan was beset with various rows, and was later revised to include controversial co-living accommodation, which received massive pushback from the local community.
In September, it was announced that Phibsboro Shopping Centre had been sold to Dublin property developers, Twinlite. They have confirmed that their plans for the site blends retail, homes, hospitality, and student accommodation and that current tenants would not be immediately affected by the sale.
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