Reply To: Cathedrals of Commerce
I think that is because most of the ‘Advance factories built’ by the IDA in the 1970’s were speculative. ‘Build them and they will come’ type of developments.
Once that strategy was abandoned in favour of grant aiding actual projects like complex pharma plants, the question arose what to do with unwanted low spec factory units.
The market intervened as the only tenants around were logistics providers.
It really proves the point that all commercial development should be market led.
It is clear that a number of Financial services industries demand hi-spec offices they will pay the dockland premiums why not give them cathedrals to commerce?