Michael has a wealth of experience through working in the industry since 1979
Jackson Stops & McCabe. Surveyor 1979 – 1986
Michael Heather Estates. Proprietor 1986 - 1989
PB Gunne North Dublin Ltd. Managing Partner 1989 – 1993
DTZ Sherry Fitzgerald. Partner 1993 – 2000
Project Principal / Partner / Investor. 2000 – 2019
Drawing on long term experience in the property market here and in the United Kindgom, Michael Heather has an eye for properties with potential for new development or for re-development, with a specific use and usually the end occupier in mind.
Silveroak Properties Ltd is a dynamic property development company, specialising in the acquisition of development land and regeneration of existing buildings for mixed-use real estate.
Silveroak Properties is owned and managed by Michael Heather and has its offices in the Custom House Plaza in Dublin’s ‘International Finance Services Centre’. In recent years the company has successfully secured a number of strategic development sites, for which planning consent was subsequently achieved. These well-located sites were mostly acquired with specific projects in mind, such as a retail food-store for a particular brand or for Student Accommodation close to a University Campus.
Since 2014 the company has been a principal investor in a number of projects located around Dublin City and its suburban areas. These include the Baily Court Hotel in Howth Village on a site of 1.3 acres overlooking Balscaddan Bay, an apartment scheme on the former ‘Balackbanks Garden Center’ on the Howth Road on 1.6 acres overlooking Dublin Bay, a 165 student bedroom hall over retail units at ‘The Big Tree Tavern’ pub & car park on Dorset Street, a retail scheme with Discount Food-Store on a site of 2.3 acres on the Main Street, Rush County Dublin, and a 1 acre site at Ballymun Cross / Northwood, where a six-storey building of 55 apartments over 12,000 sq ft of retail areas has been under construction since September 2018.
Santry, Dublin 9
2000 - 2005
Formerly the 250 acre Santry Demense, Michael was instrumental in the site acquisition, the rezoning and the planning & design for this scheme.
Later, Michael oversaw all of the sales within the development.
The project is one of the largest mixed use schemes built in Dublin, located alongside the M50 & M1 and including about 2,200 residential apartments, two hotels, a 400,000 sq ft office campus, a retail park, a village retail centre, a student accommodation village, a nursing home and two medical clinics.
Ashbourne Town Centre
2000 - 2004
A new town centre with retail street, completed on a site of about 30 acres off the old main street.
Michael acquired the land for the development company and then secured Tesco as the anchor for the development which also included many other branded retailers like Lidl, McDonalds etc.
The scheme also included a new County Hall for Meath County Council and over 400 residential units.
Athlone & Drogheda
2004 - 2006
Michael acquired the land for two large retail parks in Athlone and Drogheda before securing B&Q and Woodies to anchor the two very extensive schemes.
Solar Ground-Mounted Schemes
Across the U.K.
2010 - 2015
With the Irish property market in recession Michael headed up the acquisition and planning team for the Irish solar development company BNRG Renewables . The company has successfully completed about 22 projects mostly in the South of England amounting to over 250 Mega Watts. The largest being 28 MW on 160 acres in West Sussex and 22 MW on 130 acres in Kent.
Baily Court Hotel
Howth, Co Dublin
2012 - 2014
Michael, along with a UK investor group purchased the former hotel in late 2012 and secured planning for a mixed use scheme in 2013.
Further land was purchased to the rear of the hotel site in late 2013 and the entire was sold to a large UK Investment Fund in 2014.
Rush Town Centre
Rush, Co Dublin
2017 - 2019
Michael and two partners secured planning consent for a retail scheme on a site of 2.5 acres on the main street including a Discount Food-store of 18,000 sq ft.
A further planning application is due to be made in September 2018 to include about 60 / 70 apartments over the retail units.