In June of this year it was confirmed that Dublin's digital hub will receive €2.3 million in a joint venture to develop the first phase of enterprise space at the site in the Liberties. Enterprise Ireland, Dublin City Council and Digital Media Development Limited will refurbish the former Guinness Print Depot building in Thomas Street, which will create a broadband-enabled facility with 20,000 square feet of enterprise space for start-up companies and established corporations working in digital media.