New €87m office development announced for Dublin

Business, Finance | Wed 4 Nov | Author – Business & Finance
DTZ North Wall Quay
Artist’s impression of the facility set for North Wall Quay

PricewaterhouseCoopers, appointed by the NAMA, has unveiled a planning application for an €87m office development on North Wall Quay in Dublin’s Docklands.

The block contains office space of over 380,000 sq. ft and will be capable of accommodating 4,000 office working.

Dublin architects ABK has been commissioned to design the building and DTZ Sherry FitzGerald will act as agents for the proposed development.

Brendan McDonagh, chief executive, NAMA, said: “This proposed planning submission is for a development that will be a key addition to NAMA’s plan to make the Dublin Docklands a better place to invest, create jobs or find a home. It is another unique development with fantastic panoramic views of Dublin. NAMA is making real progress in enhancing the Docklands by delivering high-quality offices, homes and retail and cultural space and in particular revitalising the North Docks.”

Ronan Corbett, head of Offices, DTZ Sherry FitzGerald, said: “The delivery of such a significant amount of prime water-fronting space is exactly what Dublin city requires as the acute shortage of offices looms ever larger. We believe this development will appeal to a wide array of occupiers. One of the unique selling points of this building is the size of its floor plates. Office buildings in Dublin traditionally tend to have relatively small floor plates, unlike other international cities such as London and San Francisco where large single divisible floor plates are common.”

Some recent developments around the area will encourage further growth to establish it as the gateway to the city. This latest application follows recent proposals submitted to Dublin City Council for Ireland’s tallest commercial office building, known as Exo. Additionally, Central Bank and the NTMA both recently chose the North Docks as the location for new headquarters.