Converting an old gas storage unit (gasometer) into apartments was a nice idea but things did not work out as the original developers had hoped.

Currently the complex is attractive and well maintained.

The Gasworks apartment complex built by developer Liam Carroll became one of the more interesting symbols of the Irish property crash and it went on sale about seven years ago for €43 million which is about €205,000 per apartment which is revealing considering that a friend of mine purchased his apartment for about €700,000 plus an additional €40,000. I m not fully sure if the purchase went through [or if he was bought out when the plan was to convert it into a hotel] but the last time I met him he was still living in the complex but it was a subject that he did not want to discuss even though he now likes living there.

I believe that the complex is now known as the The Alliance and it was constructed within the metal shell of the old gasometer which had been on the site since 1885.

A gas holder, or gasometer, is a large container in which natural gas or town gas is stored near atmospheric pressure at ambient temperatures. The volume of the container follows the quantity of stored gas, with pressure coming from the weight of a movable cap. Typical volumes for large gas holders are about 50,000 cubic metres (1,800,000 cu ft), with 60 metres (200 ft) diameter structures.

Gas holders now tend to be used for balancing purposes, to ensure gas pipes can be operated within a safe range of pressures, rather than for actually storing gas for later use.