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Aldi Signs Lease Agreement In Adamstown Residential Developement

Quintain has announced that Aldi Ireland has signed a lease for a 23,000 sq ft store in The Crossings, a major urban village development in Adamstown.

Construction on the Aldi store has commenced and will be completed by the end of this year, the residential developer said.

Tesco Store 

According to the company, the development of a Tesco store is also underway and will be completed in the same timeline.

Michael Hynes, joint managing partner, Quintain Ireland, commented, “Adding Aldi as the second major retailer for The Crossings is a welcome boost for not just Adamstown but the wider area.

"Adamstown has huge potential to be one of Dublin’s best served urban villages, and the delivery of new retail and leisure options will help in realising that ambition,” he said.

The first phase of The Crossings also includes 279 apartments, a further 20 retail units and five restaurant outlets, along with a multi storey car park.

Quintain noted that the total investment in The Crossings will be around €500 million.

Next Five Years Plans 

With 3,000 homes already completed in Adamstown, and over 5,000 new homes expected over the next five years, the retail element of The Crossings anchored by Tesco and Aldi will serve an estimated potential shopping population of over 100,000 people drawn from residents in Adamstown, and the neighbouring suburbs of Lucan, Celbridge and Leixlip, Quintain said.

Quintain said that the Crossings will also include a two-acre village green, which will provide a centre piece for the area as a place to unwind and dine.

2022 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. For more retail news click here. Click sign up to subscribe to Checkout.

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