The centre opened on 14 October 1998 (1998-10-14) and is located near the junction of the M50 motorway and N4 road closely surrounded by Lucan to the west, Palmerstown Village to the east and Clondalkin to the south.

[citation needed] An associated retail park, The Retail Park, Liffey Valley, is nearby, with several warehouse-style stores, these include; McDonald's, MaxiZoo, Carpetright, The Range, Party City & Currys [citation needed] In February 2015, Liffey Valley announced that it was to begin a €26 million expansion of the shopping centre.

[2] The expansion had brought six new restaurants to the shopping centre including Prezzo and TGI Fridays,[3] as well as expanding the Vue cinema and building a new Penneys which opened on 6 December 2016.

[6] In April 2020 property group Hines submitted a €135 million plan for a major extension to the Liffey Valley Centre in Dublin.

The mixed leisure, entertainment and retail extension will include a large public plaza, and creating a new east-west street at the centre.