Queen Street Place is an eight-storey building with an A energy rating and amenities including gym, fitness studio, cinema room, rooftop terraces, lounge, laundry room and 24/7 reception.

This will open to students in September 2026.

The developer’s second scheme, Westside, will deliver 240 beds and represent a combined €100m investment in the city.

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Elkstone is targeting student accommodation across Ireland within its €2bn development pipeline, citing a 7,000 bed shortfall in Galway alone.

"Queen Street Place is a direct response to one of Ireland's most pressing challenges, a chronic shortage of student accommodation that has put enormous strain on the wider rental market,” said Joe Bergin, CEO at Elkstone.

“Delivering 345 purpose-built student homes in the heart of Galway is a proud moment for Elkstone. This is central to our long-term strategy: building a real estate platform of scale and making a lasting contribution to Ireland's housing supply."