Tuesday 28 March 2017

Billionaire Feeney gets the builders in

Billionaire Chuck Feeney is getting into a bit of property development on a prime Dublin site.

Feeney - who made billions from duty free sales before deciding to give it all away - is the biggest charity funder in Ireland.

He is doing up two mews houses beside the Merrion Hotel. His Atlantic Philanthropies Ireland has just received planning permission to convert two mews houses on Fitzwilliam Place.

One of the houses has been used as a restaurant and Feeney plans to turn this into a two-bed apartment with an office on the top floor.

Internal walls are to be knocked down and new windows and French doors are also on the cards.

Feeney isn't the only corporate titan getting a bit of major DIY done.

Former Irish Life & Permanent boss Gillian Bowler is planning to knock down a house on Morehampton Road and build four new houses on the site.

Aviation tycoon Declan Ryan's DFR Nominees is also knocking together two houses near Google on Barrow Street.

He's got planning that involves "amalgamating two two-storey terraced residential units into one residential unit to include use for home-based economic activity."

Finding a builder is going to get a lot harder.

Sunday Indo Business

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