The pilot project for Urbeo Residential is a 131-unit apartment complex at New Bancroft in Tallaght. This development was acquired from developers with funding from private investors and ISIF (Ireland Strategic Investment Fund), together with some debt. The project is almost fully tenanted with a mix of private and supported tenancies. The units are fitted out to a high specification, and demand has surpassed expectations.

With a mix of 1-, 2- and 3-bedroomed units, New Bancroft is a community that will develop into a neighbourhood of all family types.