The GAA plans to develop two full-size 4G pitches along with changing rooms and a clubhouse at the Clonliffe College site near Croke Park. The association purchased the site from the Dublin Archdiocese in 2019.
12.8 acres of the 31.8 acre site, which also features college buildings and what is locally known as the Red House, will be used to create a facility similar to the GAA's National Games Development Centre in Abbotstown.
In his annual report, which was released on Tuesday, GAA Director General Tom Ryan calls it a project "which will leave a legacy for generations to come".
1.1 acres have been retained by the GAA which potential for hotel development. The remaining lands have been sold to Hines, an international property developer.
"The site will be developed for housing, including a stipulation of 10% affordable housing and 10% social housing," Ryan writes in the report.
"The scheme will see the local area of Drumcondra and Ballybough significantly transformed and revitalised and will build a new and vibrant community on our doorstep.
"The financial results of various transactions are not fully reflected in our accounts as the deal concluded after the
year end.
"However the sale proceeds will be such as to fully fund the acquisition and the pitch development, and to offer potential for a future income stream to the Association to further promote our aims."
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