jdivision
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EBS building’s back on the market. Owner died last year/earlier this year. If the Elliotts have the money they’d be obvious choice given they’re currently developing Times building
Well the ground floors are small enough obviously because they’re split between three but the basement/upper floors are gigantic
@justnotbothered wrote:
That type of throw-away line means nothing unless you see the overall review, not that I’m hugely surprised by it.
http://www.crestireland.com/files/admin/uploads/W190_Field_7_20238.pdf
It’s here if you want to read itwell you first mistake was getting the 16a to the airport, should have changed in town and saved yourself 20 minutes each way at least
Thought this might interest people
http://www.tribune.ie/business/news/article/2008/jul/13/council-to-use-cpos-to-help-arnotts-with-750m-henr/
Council to use CPOs to help Arnotts with ¤750m Henry Street plan
Neil CallananDublin City Council (DCC) is planning to use compulsory purchase orders (CPOs) to forcibly acquire properties to facilitate the development of the Northern Quarter retail scheme planned by Arnotts for Henry Street in Dublin city centre.
The council said its is proposing to initiate a CPO to allow Arnotts acquire “some properties not yet acquired by the developer, the perfection of title where required and the extinguishment of rights of way over certain laneways/ roadway. The CPO will have regard to the final decision on the planning application. All costs incurred by DCC will be underwritten by the developer.”
The €750m Northern Quarter plan is currently before An Bord Pleanála, which has told Arnotts to lower the heights of many of the buildings proposed and halve the number of proposed car spaces.
Arnotts had originally proposed developing a new department store, 47 shops, 14 cafes, restaurants and bars, around 175 apartments and a 149-bedroom four-star hotel on the 5.5-acre site it has assembled by buying surrounding properties. It has also bought properties on nearby Liffey Street, including the K2 bar, for about €10m.
Arnotts had planned to relocate to the former Debenhams unit in Jervis Street shopping centre during the redevelopment but it is now looking at moving to another location.
The decision to use a CPO for Northern Quarter will revive memories of the council’s decision to CPO the nearby Carlton cinema and adjoining sites which held up development of the area for seven years.
Developer Joe O’Reilly has since bought the site and a large number of surrounding properties and is planning a major rival development to Northern Quarter on the site.
Last week he secured planning permission for the part of that €1.25bn redevelopment when he was granted plan*ning permission to demolish the Royal Dublin Hotel, which he bought for €30m.
He will now be able to develop more than 1,100sq m of shops, a gallery and more than 2,500sq m of office space. His scheme, currently dubbed Dublin Central, will be anchored by Dublin department store John Lewis
I agree that’s more likely but in a country where Govt politicians are looking over their shoulders don’t be surprised to see both shelved
@cgcsb wrote:
It’s highly unlikely that the metro was axed as it is the most important transport21 project. It is more likely that the luas city centre link up and extension to liffey junction was axed. Did they mention the name of the source? was it the homeless guy who hangs aroung Henry street shouting “the end is nigh”?:rolleyes:
The Luas link up has already been shelved. That was revealed months ago. It’s been known for a while that the metro is a candidate for the axe, roads are more important apparently.
Graham,my understanding was that the guys behind Doyles are to make part of it into a pub though. heard that a while ago and things may have changed. Your points would suggest we could both be right though
The building was due to become a retail scheme but the reality is it won’t work because the footfall on the island is far too small to justify a retail led scheme – there simply isn’t enough passing trade, hence the reason the Manchester United store further down has still not got a new tenant (although that is due to change shortly). The owner of the building was a well known low profile businessman who passed away in the last year and this will delay any plans further I suspect.
@ctesiphon wrote:
Isn’t a Metro station between O’Connell Bridge and Parnell Square a bit like a meal between breakfast and brunch?
If I were the developers, I wouldn’t hold out much hope.
There would also be an exit point on Parnell Square. I’ve seen the plans and proposals for this by O’Reilly.
From Business Post in February:
Developer Joe O’Reilly wrote to the Railway Procurement Agency (RPA) criticising the decision to reduce the number of Metro North stops in Dublin city centre. O’Reilly said that the decision to reduce the number of stations from three to two “is a weak compromise”. In a letter written in October 2006, and released to The Sunday Business Post under the Freedom of Information Act, he said that the southern part of the city centre will “yet again be strengthened by the current proposal which dedicates one station (St Stephen’s Green) to the south, while the second station is shared; the northside has no station. Furthermore the positioning of a station on O’Connell Bridge will serve to create greater division between north and south Dublin.”The RPA has said it will consider a third city centre stop at Parnell Square East, after a request from Dublin City Council. That station would be close to a number of properties owned by O’Reilly, including the former Carlton cinema site and adjoining land on O’Connell Street and a 50 per cent stake in the Ilac Centre to the rear of that site.
“It is true that a metro exit at Abbey Street would be within 300 metres of our development but we are not looking to just create a successful shopping district quarter,” O’Reilly continued. “We see our development as an engine for regeneration – simply put, we want a successful development in a vibrant, prosperous part of the town. Together with the metro we can rejuvenate Parnell Square/Dominick Street and the surrounding areas, making them as attractive as St Stephen’s Green on the south side.”
O’Reilly said that if the decision is made to stick to two stations they should be equitably positioned with one on the southside and one on the northside. He said the proposed station under O’Connell Bridge was in an area already congested with pedestrians and would be a disaster. “It just does not make sense to put all the commuters and tourists through streets crowded with shoppers to get to the metro,” he wrote. “By positioning the second station at north O’Connell Street/Parnell Square east we will put passengers away from the areas of congestion.”
O’Reilly continued that the new public square planned for part of the Carlton cinema site would be able to accommodate a metro exit and contrasted that situation with Oxford Circus tube station in London which has to close regularly at peak time because of passenger congestion. “There is only one chance to get this right and the decisions made now will impact on generations to come,” he concluded.
An earlier submission, drawn up by TJ O’Connor & Associates on behalf of O’Reilly’s Chartered Land, said that if one “enters the Ilac from Henry Street and exits on Parnell Street is is like going into a time-maching, regressing about 15 years to pre-Celtic Tiger days”. Other documents show Chartered’s redevelopment of the Carlton site will involve constructing a 92,900 square metre development.
RPA chairman Padraic White responded that following talks with stakeholders in the O’Connell Street area it became clear that a stop there would have had significant drawbacks in terms of the likely impact on businesses and traffic. The station under the Liffey was then chosen because there would be less construction impact and because it offered better connections to the Luas red line.
He said he did not agree with O’Reilly’s view that the stop under the Liffey would create additional congestion problems because the station’s location would reduce the number of people using O’Connell Bridge. Up to six entrances in total will be used to allow passengers disperse from the station and the footways on O’Connell Bridge will be widened.
I think the point is that they’re trying to get a metro station under the square, in order to maximise footfall to and from it they’d need as many access points as possible. Not saying that makes it worthwhile but believe that’s their logic behind it
@kite wrote:
,
Owen O’Callaghan’s interview in the Sunday papers yesterday is a load of bull !!
http://www.tribune.ie/article.tvt?_scope=Tribune%2FBusiness%2FBusiness+Week&id=87571&SUBCAT=Tribune%2FBusinessMay I ask why
Dublin castle?
@ctesiphon wrote:
(Also, jdivision- sleeping around, I see!)
New job means I’ll be so busy that I won’t be seen on either very much 🙁
@johnglas wrote:
the Carlton site could have been developed at any time during the boom, but wasn’t. That was not the fault of the planners, but of greedy developers.
Really? I thought it was because the council CPOed the site two days after a bank and a joint venture partner had confirmed they were coming on board. Must have missed something there.
