Ardstone News

Ruling gives green light for over 100 new homes Ardstone

Ruling gives green light for over 100 new homes

The Times · March 19, 2019

Ardstone Homes, the property company led by the former Friends First executive Donal Mulcahy, has been given permission to build more than 100 houses in Kildare.

The company was granted planning permission for a scheme at Kilcullen Road, near Naas, where it plans to build 125 units, about of third of which will be two-storey, terraced houses. A further third will be semi-detached and the rest will be a mix of housing types, including a four-storey block of flats.

The project was approved by the local council despite opposition from dozens of local residents who submitted appeals against it to An Bord Pleanála.

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Ardstone Naas Expansion Interior

Naas expansion continues with new Ardstone homes from €295k

The Irish Times · March 22, 2018

Long considered the heart of the thoroughbred county, Naas town lured Kerry Group to the locale in 2015, along with some 1500 workers, catapulting house prices upwards there in 2015 and 2016.

It has a strong reputation for good restaurants, quality fashion shopping and it’s a good base for outdoor pursuits with premium golf courses and equine options from hunting to eventing on the doorstep.

Developers have been actively building here too. When it launched last September Stoneleigh, a development by Ballymore Homes, priced its two-bed houses at €290,000 and three-bed semis ranged from €330,000 to €340,000.

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Ardstone Wicklow latest scheme appeals to commuters

Wicklow: Latest schemes will appeal to commuters

Irish Independent · January 25, 2019

Bray, Co Wicklow has experienced a dearth of new schemes in the post-crash era. So Strand Road, a development of 39 two and three-bed apartments, will likely prove popular with commuters. Strand Road is due to be released in early 2019.

Meanwhile, The Friary is being built off the town’s Church Road. It will comprise 15 four and five-bed three-storey family homes. It’s due to launch in the first quarter. Just outside Wicklow Town, Carraig Beag will go on the market in the second quarter in the Ballynerrin area. The development will consist of 35 two, three, four and five-bed homes.

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Ardstone Kildare Property Watch

Kildare Property Watch: Latest phase of Castle Farm homes launched in Naas

Leinster Leader · January 26, 2019

Castle Farm is an exclusive new development built by the renowned home builders Ardstone Homes, comprising spacious two, three and four bedroom family homes.

Located approximately one kilometre from Naas town centre, with its host of local amenities including shops, schools, cafes and restaurants, the town also has extremely convenient to local transport links (local train station at Naas Sallins) and the M7 motorway.

The scheme is one of a number of new developments being developed by Ardstone Homes in Kildare, Dublin and other commuter locations.

Ardstone Homes’ aim is to offer affordable homes to first-time buyers and those wishing to trade up as well, without any compromise on quality and design.

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Ardstone secures 110m from Bank of Ireland

Ardstone secures €110m from Bank of Ireland to help build 2,500 homes

The Irish Times · February 4, 2019

Ardstone Homes, founded by former senior Friends First executives, has secured a €110 million revolving credit facility from Bank of Ireland as it seeks to deliver more than 2,500 homes over the near term.

The financing, arranged through Bank of Ireland’s property finance group, will assist Ardstone Homes with its working capital arrangements as it builds out on sites currently under construction in counties Dublin, KildareWicklowand Galway.

The company was formed in 2016 by investment firm Ardstone Capital, an investment manager focused on the European property markets, which itself was established in 2005 by former Friends First property heads Donal Mulcahy, Ciarán Burns and Donal O’Neill. It plans to deliver more than 5,000 housing units over the next five years.

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Ardstone launches first homes in new 175-unit Dublin 16 scheme from €415K

Ardstone launches first homes in new 175-unit Dublin 16 scheme from €415K

The Irish Times · April 25, 2018

Situated in the foothills of the Dublin mountains, White Pines by Ardstone Homes, is the latest new homes scheme on Stocking Avenue.

The house-building firm is constructing about 2,500 homes in Dublin and its commuter counties over the next two to three years, says Jessica Crowley, development director at the firm. Planning has just been approved for several key schemes, including 450 homes around the Wonderful Barn, a folly in Leixlip; a further 169 units in Ashford, Co Wicklow, and 52 at Furness Wood at Johnston, Co Kildare.

Ardstone’s recent residential schemes at Castlefarm in Naas and Muileann in Kinsealy sold out phases one and two.

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