This development will take place on a 14-acre site close to Heuston Station which is an under-utilised warehouse space for the Office of Public Works and Eircom. With vision and imagination we will turn a concrete yard, sheds, weeds and thistles into one of the most exciting urban regeneration projects in the history of the State. When the entire development is undertaken, the full 14-acre site is expected to yield some €100 million, 75% of which will revert to the State. This is what transforming State assets is about – taking land and properties that have outlived their usefulness and transforming them into an asset for the benefit of the State.