Since the post-war expansion of Dublin city, Phibsborough along with Glasnevin and Drumcondra provided amenities to the north city business district in the way that Ranelagh, Rathmines and Harold's Cross did to the south city. The convenient location, combined with easy access and good public transport facilities, led to the conversion of larger homes into bedsitter flats. The pace of economic advancement during the Celtic Tiger decade saw an increased demand for new flats and townhouse projects. This housing wave provided an opportunity for the re-conversion of the historic properties back to family homes. Much the same has occurred on the city south side. In addition, many existing semi-derelict properties and architectural curiosities were converted into modern apartments within their historic shells. Many Victorian and Edwardian facades were restored. The restored terraces of pink, biscuit and red-brick houses complement the converted historic churches, banks and offices. There are a number of Victorian-era pubs in the area.
The Dublin City Council Local Area Plan for Phibsborough has been subject to revision and delays, despite its designation as a Prime Urban Centre. Developers have secured planning permission to upgrade the existing Phibsboro Shopping Centre. Built in 1969 and designed by David Keane, the shopping centre is one of the largest and most imposing buildings in the area. The tower is 100 feet high, and the whole complex replaced a terrace of 18 cottages. The site was developed by Galen Weston. It was a cause of controversy from the outset among architects, the public, and the press in terms of its architectural design and the circumstances of its passage through the planning process. It was the subject of Forgotten Frontier: A Critical Appraisal of the Phibsboro Shopping Centre, published by Phibsboro Press in 2017, a zine featuring photographs, a research essay, and illustrations.
With a claim to being the longest established football club in the city, the home ground of Bohemian FC is located to the west side of the shopping centre at Dalymount Park. The club is colloquially known as 'Bohs' and dates from 1890. In 2016, it was reported that Dublin City Council had announced long-awaited development plans for Dalymount Park to dramatically improve the stadium facilities and widen its use and accessibility