The government and Dublin City Council agreed an ambitious regeneration plan for Ballymun, with a budget exceeding 440 million euro. The creation of Ballymun Regeneration Limited as a limited company controlled by Dublin City Council initiated the main part of the project, beginning of the demolition of the Ballymun flats, and planned to conclude with the emergence of a "new town" of Ballymun. , six of the seven towers (Pearse, Ceannt, Macdermott McDonagh, Connolly, and Clarke) as well as three eight-storey blocks and seven four-storey blocks had been demolished by DSM, with the residents generally rehoused in new "state of the art" housing in Ballymun. The new housing is a mixture of public, private, voluntary and co-operative housing. The residential aspects of the "new Ballymun" were largely completed by 2013. Several films and documentary TV programmes were produced during the regeneration period.