According to a report in the Irish Independent, US data centre provider CyrusOne has been granted permission for its giant €400mn data centre in Dublin.

The data centre will be located at Grange Castle Business Park in Dublin. Grange Castle and nearby Profile Park are already home to data centres from Microsoft, Equinix, Digital Realty, and Google.

In June, the Irish Independent reported that residents in the nearby suburb of Baldonnel had complained about CyrusOne’s decision to build a significantly bigger site than initially planned, as well as a secretive deal struck with other locals to buy their homes.

The initial land purchase was for a 14.98-acre site, in a deal estimated at around €5.9 million. Plans later submitted to the local council suggested the site would extend to 22.75 acres.

The Independent now says the data centre will be as large as residents had feared, take approximately 18 months to construct, and consume 56.5MW of power when operational.

Ireland has witnessed a surge in data centre investment. Earlier this month, Facebook opened its own €300 million data centre in Clonee. In May, Apple scrapped plans for its own €850 million data centre after experiencing planning delays.

IDA, the Irish organisation in charge of attracting foreign investment into the country, has previously underscored the importance of data centre investment to the national economy.

According to Digital Realty, which operates a €150 million data centre campus at Profile Park, the Irish data economy is worth €9.96bn a year.

“The presence of global technology giants such as Apple and Google, alongside homegrown start-ups such as Intercom, has been propelling 10.4pc growth in the country’s data economy each year – twice that of the wider economy and nearly double that of the UK’s data economy,” senior VP Valerie Walsh told Silicon Republic.