South Korean real estate investment firm IGIS Asset Management are in a pole position for the purchase of Bishop’s Square office scheme on Kevin Street, Dublin city centre. IGIS has […]
Nassau Street is to see a €58m commercial development
Two investment companies who are set to extend Grafton Street-style shopping on to adjoining Nassau Street have received planning approval for a €58m, 7,432sq m (80,000sq ft) retail development.
Investors Meyer Bergman and Kells ICAV hope it will appeal to international traders looking for large stores in Dublin city centre.
The redevelopment of the low-density site at the axis of Nassau Street and Dawson Street will also include about 9,290sq m (100,000 sq ft) of offices on the upper floors.
The plan to replace nine relatively small outlets with several large-format stores coincides with moves by some landlords on Grafton Street and Henry Street to opt for similar floor plates by amalgamating adjoining premises.
The Nassau Street plan includes retail facilities on three levels – basement, ground and mezzanine – and four floors of offices overhead with the main entrance to the offices off Dawson Street. About 50 basement parking spaces will be dropped to a new lower level.
The modern redevelopment of the existing buildings on Nassau Street was designed by architects, Henry J. Lyons. CGI consultants, 3D Design Bureau worked with Henry J. Lyons to build verified view montages and architectural CGIs for both planning and marketing purposes.
Full project details:
Project name: €58m commercial development, Nassau Street, Dublin.
Planning stage: Plans granted
Planning documents: Dublin City Council
Floor Area: 22837 m2
Site Area: 0.36 hectares
Car parking: 50
Deep dive into project
The proposed development comprises the demolition of all
existing structures on site, together with site clearance works and the
construction of a new mixed used building of part4-, part5- and part 6- storey
height (incorporating setback levels) with a total Gross Floor Area (GFA) of
22,837 sq.m of which 16,505 sq.m of floor space are provided above ground floor
level, over a double basement (6,332 sq.m). Open air rooftop plant is provided
at roof level (32m OD) that is obscured by screens measuring approximately 2m
in height to a finished level of 34.05m OD (or 27.65 to 27.85m above the
varying adjacent ground level). A total of 7,728 sq.m (GFA) of retail space
arranged over three floors at lower ground level, ground level and first floor
level. (An Bord Pleanala Ref. 248181)
A total of 11,388 sq.m (GFA) of office floor space is proposed that is arranged over four floors at second floor level and above. The main office entrance and lobby is provided at the southern end of the site onto Dawson Street. A secondary access / egress to the office accommodation serving the upper levels of the building is proposed at the western end of the site fronting Nassau Street.
The existing vehicular access onto Dawson Street will be closed and the existing access off Duke Lane will be retained to service the development via a centrally located service yard at the rear of the building from where the basement levels of the building are accessed via two (2) car lifts and a goods lift to serve retail units at lower ground level and the basement level which contain 50 car parking spaces, 172 no. bicycle parking spaces; ancillary staff changing facilities and ancillary plantrooms.
A number of roof terraces are proposed at 2nd, 4th and 5th floor level to the northern, eastern, western and southern elevations of the proposed building to include 1x west facing terrace at 2nd floor level, 2x north facing and 1 x west/south facing terraces at 4th floor level and 1 x north facing; 1 x north facing; 1 x north-east facing; 1 x east facing and 1 x east/south facing terrace at 5th floor level. The proposed building incorporates sustainable urban drainage measures, including the provision of green roofs, attenuation tank and rainwater harvesting system together with all associated site development work.
We understand the build will represent an overall investment of €200 million. Main construction work is expected to commence during 2019.
Promoter – Meyer Bergman: consistently create visionary solutions by leveraging our competitive advantage; innovative design concepts, active asset management and astute investment acumen. They are based London, UK.
Promoter – Kells ICAV: are based in Dublin 4, Ireland.
Architect – Henry J Lyons Architects: are experts in architecture, interior design, masterplanning and heritage projects and bringing over 100 years of experience. They are based in Dublin 2, Ireland.
Project Manager – Lafferty Design & Development Limited: is a dynamic design led solutions company, set up to achieve highly effective project delivery, focused on client/stakeholder objectives and optimal investment return. They are based in Dublin 16, Ireland.
Planning Consultant – Declan Brassil And Company: Declan Brassil & Co. is one of Ireland’s leading Planning Consultancy Practices. They are based in Dublin 7, Ireland.
Structural Engineer – Molony And Millar: offer a high level of
expertise in concrete, steel design, masonry and timber with fresh ideas to enable the project to run efficiently. They are based in Dublin 14, Ireland.
Mech & Elec Engineer – Environmental Design Partnership: is a modern practice operating in excess of 10 years providing dynamic concepts and lateral thinking in the application of advanced technology to achieving client satisfaction & successful project completion. They are based in Dublin 12, Ireland.
Landscape Consultant – Mitchell & Associates: is a multidisciplinary design practice incorporating Landscape Architecture, Urban Design, Arboriculture and Environmental Impact Assessment at its core. They are based in Dublin 9, Ireland.
Environmental Engineer – Awn Consulting Limited: AWN Consulting is a multidisciplinary consultancy offering specialist design advice, expert witness and litigation support in respect of a wide range of engineering and environmental disciplines. It is an Irish owned company with its Head Office in Dublin and a Regional Office in Cork.
Environmental Engineer – Scott Cawley Environmental Consultants: Scott Cawley Ltd is one of Ireland’s longest established, largest and most successful ecological consultancies with expertise in providing ecological survey, impact assessment and management services to planning and development-related sectors. They are based in Dublin 4, Ireland.
Conservation Engineer – Courtney Deery Heritage Consultancy Limited: Courtney Deery is an archaeological and cultural heritage consultancy that provides a comprehensive, professional and personal service to both public and private sectors. They are based in Dublin 16, Ireland.
Conservation Engineer – Cathal Crimmins Architects: are based in Dublin 4, Ireland.
Transport Consultant – Atkins Ireland Limited: Specialise in design, engineering and project management consultancies. They are based in Swords, Dublin, Ireland.
Main Contractor – John Sisk and Son Limited: Specialise in design, planning, construction, delivery, and ongoing maintenance of buildings and infrastructural assets. They are based in Dublin 22, Ireland
Meyer Burgman and Kells IVAC required verified view montages and architectural CGIs for both planning and marketing purposes. They received planning permission and their marketing images have made the rounds on national media. We’d love to hear about your project.