Britain's biggest co-living company closes deal for site in Dublin's historic Liberties region

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The concept of co-living sparked controversy in recent weeks over a proposed development in Dun Laoighaire.

THE BIGGEST CO-LIVING company in Britain has secured a site in Dublin and is set to develop a community living hub within the next two years.

In defence of co-living, Housing Minister Eoghan Murphy said young workers should be excited about the concept, while Sinn Féin leader Mary Lou McDonald described them as a “glamourised form of tenement living”. Speaking to TheJournal.ie, global planning and communications director James Penfold said the company was in pre-planning stages and that it would liaise with the local community and businesses within weeks.

The Oaks co-living block in London is the biggest of its kind, with 546 rooms, which are rented out on short and longer term basis’, and which have had an occupancy rate of 98% for the past three years.Details on the number of rooms that will be built and the amount of people it can accommodate have not be finalised and will require planning permission before the project can proceed.

 

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