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years of the late 1990s-2007 for residential and commercial property construction projects with a focus on large scale apartment developments in Dublin city centre. His apartments were notable for their high volume, low price point and small floor plan which appealed to younger owner occupiers and
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from the 1990s up to the time of the Irish property crash and the ultimate collapse of the group. Carroll often featured in the media despite his reclusive manner while his relatively frugal and reserved behaviour contrasted markedly with other public figures and property developers of the era.
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Following Zoe
Development Group's decline, apartments constructed by the group have since been sold off by NAMA and through receivership processes and ultimately acquired by private buyers, state agencies and various international property funds including
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In 2000, he started building a stake in listed property developer Dunloe Ewart plc. In 2002 he completed his takeover of the company through his investment vehicle
Rambridge Ltd for €196.5 million.
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Carroll also tended to build on inner-city brownfield or derelict sites in what other developers considered "unfashionable areas". This reputation earned
Carroll the sobriquet of the
92:(1 September 1950 – 2 March 2021) was an Irish property developer and businessperson known for his involvement in the Irish construction industry via his development company,
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who were the first to seek a winding up order. Following a series of cases, this was rejected by both the High Court and the
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Carroll's wealth was estimated for a time to be in excess of €1 billion. He later became one of
Ireland's leading
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Zoe group companies became unable to repay bank borrowings of a reported €1.3bn and in summer 2009 requested
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and the appointment of liquidators to group companies was confirmed by the courts on 14 October 2009.
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ostensibly in an attempt to gain access to valuable development sites owned by these companies.
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343:"The rise and fall of the shy 'shoebox' tycoon who changed the face of Dublin"
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from his detractors, including most notably the Irish Times journalist
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526:"Firm linked to the Kennedys snaps up 'Gasworks' building for €40m"
393:"Carroll saga reveals unholy pact between bankers and developers"
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501:"Kennedy Wilson acquires 124 Dublin city apartments for €45m"
293:"Builder forever associated with his 'shoebox' apartments"
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Zoe Group, Dunloe Ewart, Construction of Dublin apartments
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and held large stakes in many public companies including
475:"Two Liam Carroll firms go into voluntary liquidation"
368:"A to Zoe of Liam Carroll: King of the shoeboxes"
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268:"Tycoons: Rise and fall of a reclusive tycoon"
171:as protection from their creditors, including
218:"Carroll buys 12%-plus stake in Dunloe Ewart"
181:bordering, if not trespassing on the fanciful
179:with the rescue plan described by a judge as
449:"Receiver appointed to four Zoe Group firms"
421:"Liquidator appointed to troubled Zoe group"
243:"A reclusive puzzle wrapped in an enigma"
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318:"How a shoebox king built a city-state"
110:the less well-off sections of society.
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551:"NAMA Sales so far and still to come"
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105:Carroll became well known during the
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613:20th-century Irish businesspeople
189:Irish Residential Properties REIT
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135:Irish Continental Group
154:McInerney Holdings PLC
101:Zoe Developments group
94:Zoe Developments Group
583:Irish civil engineers
125:Corporate investments
598:People from Dundalk
163:Decline and legacy
75:Property developer
499:Taylor, Charlie.
455:. 22 January 2010
429:. 15 October 2009
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131:corporate raiders
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57:(2021-03-02)
55:2 March 2021
25:Liam Carroll
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593:2021 deaths
588:1950 births
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327:2 September
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277:2 September
252:2 September
64:Nationality
572:Categories
433:15 October
372:tribune.ie
203:References
72:Occupation
37:1950-09-01
556:25 August
535:25 August
510:25 August
484:25 August
459:25 August
405:13 August
227:25 August
139:Greencore
173:ACCBank
45:Dundalk
197:Hines
150:Doyle
147:Jurys
67:Irish
558:2020
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435:2009
407:2009
379:2020
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