Dublin City Council's decision to reject permission was overturned by An Bord Pleanála.
This decision has been met with some criticism, with Sinn Féin representative Eoin Ó Broin TD claiming it is "bad for the local area".
Deputy Ó Broin said: "Units of only 16 sq m metres for tenants are the bedsits of the future.
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"I also take issue with the comments of the An Bord Pleanala inspector which state that the co-living development will contribute to realisation of the development plan housing targets.
"Are we now describing what is the provision of incredibly expensive bed spaces as hitting housing targets?
"Sinn Féin in government would ban co-living. We published legislation in the Dáil that would do so and we made a commitment to this in our election manifesto.
"Co-living does not create sustainable apartment living. We need to see instead affordable cost rental homes, not 16 sqm closets."
(CM/JG)
