The development of the site in question is a matter for Dublin City Council in the first instance. I understand that Dublin City Council is working with all interested parties to deliver on a vision for the site. In the meantime, funding is available from my Department's Cultural Capital Scheme 2019-2022 for arts and cultural venues and the scheme is open for applications until January 2020.
In addition, the National Museum of Ireland is currently hosting an exhibition - Alison Lowry's Dressing Our Hidden Truths - in response to Ireland’s hidden history of Magdalene Laundries, Mother and Baby Homes and Industrial Schools, the first national cultural institution to address this part of our past through artistic means.