24 May 2020 The Irish Film & Television Network
Actors
TV
Crew
Digital
Distribution
Education / Training
Equipment
Festivals / Markets
Finance
Legal
Locations Ireland
Post Production
Production
Rep Bodies
JOBS FILMOGRAPHY NEWS WHO'S WHO DIARY GALLERY IFTA
     
Finance
Corporate Finance
Public Funding
Section 481
Film Insurance
TV Commissions
Information
Who's Who
IFTN Finance News
Site Map
IFTN HOME

Irish Film and Television Network

 »

Finance

 »

IFTN Finance News



Dublin film studios given green light as South Dublin Council sanctions €26.4m land sale
12 May 2020 : Nathan Griffin
Grange Castle Business Park in Dublin 22. (Credit: Ben Ryan Photography)
South Dublin County Councillors have voted in favour of selling the 48-acres site at Grange Castle Business Park to Lens Media Ltd, who intends to construct Ireland’s largest film and TV studios.

Backed by producer Alan Moloney (Siege of Jadotville, Brooklyn), Windmill Lane founder James Morris, and Oscar-nominated producer Gary Levinsohn (Saving Private Ryan, 12 Monkeys), Lens Media Ltd. has submitted plans to build Ireland’s first full-service media park that will include 12 sound stages. The development is also expected to have 100,000sq. ft. of workspace alongside an additional 100,000sq. ft. of office space.

A spokesperson for Lens Media said; “The Grange Castle Media Park will be a world-class facility. Its size and specification will help to propel Ireland into a major world-class player in the screen creative industries, creating thousands of long term and sustainable jobs for Dublin, and all over the country, as we re-emerge from the coronavirus pandemic”.

The company intends to make an initial investment of €125 million towards the development of the media park, which is expected to generate between 1,200 and 1,500 during the construction phase. Following completion, it is estimated that the park will provide 1,800 direct jobs and a further 1,800 ancillary roles.

Speaking on the decision, Councillor Vicki Casserly, Mayor of South Dublin County, said; "This initial €125,000,000 investment by Lens Media into developing Ireland’s first media park at Grange Castle Business Park once again highlights South Dublin County’s ability to attract global leaders in enterprise. The economic impact of this decision will be enormous in terms of jobs created and the revenue this will generate for South Dublin County Council to reinvest in the County."

Frank Nevin, Director of Economic, Enterprise and Tourism Development of South Dublin County Council, said; “This investment in Grange Castle Business Park will greatly enhance the existing site and deliver thousands of jobs during the construction phase and the operation of the media park itself. We are delighted to welcome Lens Media to Grange Castle to join Google, Microsoft, Pfizer and many more world-class companies.”

The new film studios site in Dublin 22 is located beside a number of multinationals such as Google, Microsoft, and Pfizer who operate out of Grange Castle.

Moloney and Morris were previously involved in cross party-endorsed plans to make Dublin Bay Studios on 18 acres of land at the Poolbeg West Strategic Development Zone in 2017.




BREAKING NEWS
BBC Three, BBC Northern Ireland and Northern Ireland Screen expand Youth Content Development Scheme
Dead Still writer and creator John Morton talks with IFTN
Beyond TNC lands UK TV premiere of Sideline's Boomtown Rats documentary
RTÉ Programme Sales close several International deals for Irish factual programming

FEATURES & INTERVIEWS
Dead Still writer and creator John Morton talks with IFTN
Online Exclusive: Galway Film Fleadh moves 32nd edition online
Free Industry Newsletter
Subscribe to IFTN's industry newsletter - it's free and e-mailed directly to your inbox every week.
Click here to sign up.


RELATED NEWS
Exciting opportunities now open on Film & Media postgraduate courses at The National Film School
15 May 2020 
BBC NI reveals range of new TV commissions to support the local creative sector
14 May 2020 
Details announced for Cannes XR Virtual
13 May 2020 
Dublin film studios given green light as South Dublin Council sanctions €26.4m land sale
12 May 2020 
EDITOR'S PICK
Beyond TNC lands UK TV premiere of Sideline's Boomtown Rats documentary
Submissions open for Kerry International Film Festival as 21st edition targets October showcase
Endeavor Content secures multiple international sales for Element Pictures' Normal People
Galway Film Fair reimagined as an Online Marketplace
MORE ON IFTN
Irish Production Companies
Listings for Irish film & television production companies
What's In Production?
The latest info on projects filming in Ireland
Latest Industry Jobs
Job listings for Irish film & television crew

CONNECT WITH IFTN
Find us on Facebook
Follow IFTN on Twitter
E-Newsletter Subscribe
Subscribe to RSS Feed




 
 the Website  Directory List  Festivals  Who's Who  Locations  Filmography  News  Crew  Actors


 

Contact Us | Advertise | Copyright | Terms & Conditions | Security & Privacy | RSS Feed | Twitter