Louth property mogul set to expand portfolio to Dublin market

Company owner Laurence Goodman is the son of local beef baron, Larry Goodman

Tia Clarke

Reporter:

Tia Clarke

Email:

tia.clarke@dundalkdemocrat.ie

IDDT Mount Hamilton

Houses are currently under construction at the Mount Hamilton estate, Dundalk

Urban Life, the company owned by beef baron Larry Goodman's son, Laurence Goodman, has plans to expand its property portfolio to Dublin.

An article in The Business Post revealed that the local property mogul behind the Mount Hamilton estate on the Carrick Road and Castle Court in Castlebellingham is in talks with An Bord Pleanala to build 142 houses in Mount Avenue, Dundalk.

A spokesperson for Urban Life told the Business Post that "the company is in growth mode" and aims to "expand its geographic area into Dublin where is it currently looking at opportunities".

The company is currently building more than 540 houses in Louth and Meath. 

With regards to the Mount Avenue development, an Urban Life spokesperson told the Business Post the houses could be available from summer 2019. 

“If granted by An Bord Pleanála, Urban Life would anticipate starting on site in 2019 with the first houses being available mid-2019,” the spokesperson said. 

Other building projects in the works include 115 houses in Bettystown - 25 of which have been sold in the first phase. 26 more of the homes will go on sale in early 2018. 

READ MORE: Larry Goodman's son in ghost estate makeover

Urban Life are also currently building another 179 houses in Dundalk and have already sold 71 of the new homes. 

Laurence Goodman's company is also building 105 houses in a social housing development in Drogheda. The development in conjunction with North and East Housing Association and Tuath Housing Association.

Urban Life told the business post it is "currently looking for other social housing developments". 

In September 2016, The Dundalk Democrat reported that Urban Life was granted permission to redevelop a small 'ghost estate'  known as Castle Court on Main Street, Castlebellingham. 

Urban Life is made up of a group of several companies operated by Laurence Goodman.  

They have combined assets worth upwards of €8 million, made up of housing stock, cash and loans between the companies. 


One of the companies, Urban Life Developments, currently has assets of €5 million and has accumulated profits of €1 million.