Summix scores approval for Ireland’s tallest resi tower

Developer Summix Capital has secured planning permission to build the tallest residential tower in Ireland. Summix and its partner Edward Capital received approval for the Augustine Hill development from Galway City Council on 26 May. The €300m scheme rises to 21 storeys, providing 229 flats, a 130-bedroom hotel and a six-screen cinema complex, with leisure and office space. The residential will be a mix of for-sale, build-to-rent and extra care retirement living. Augustine Hill is located on a 8.2-acre site next to Ceannt Train Station. The land is owned by transport provider Córas Iompair Éireann. CIE selected the partners to manage the project following a bidding process in 2017. The consent is Summix’s fifth in Ireland and 16th from its fully deployed £150m fund, Summix Capital Partners I LP. The developer recently added approvals in Bournemouth , Bath and Bristol, and secured backing from Round Hill Capital and NBK Capital. Niamh O’Connor, executive director at Summix, said: “Galway City Council’s approval of our plans is positive affirmation of Summix’s approach to socially and environmentally responsible placemaking, making it our 16th successfully consented site from our fully deployed 2017 fund.” Tareq Naqib, co-founder and executive director at Summix, added: “When developed, the people of Galway and all its visitors will experience a new way of living, working and playing in a community built for a modern and sustainable-led lifestyle yet underpinned by the existing cultural heritage of the area that will be brought back to life by the repurposing of existing historic buildings.” To send feedback, e-mail emma.rosser@eg.co.uk or tweet @EmmaARosser or @EGPropertyNews Image courtesy of Summix Capital