Friday 18 April 2014

Coffee giant Starbucks to open at former Anglo Irish Bank HQ

An artist's impression of the new Starbucks on the site of the old Anglo building

COFFEE giant Starbucks is to open in the former Anglo Irish Bank headquarters on St Stephen’s Green, Dublin.

A planning application was lodged this Summer but it is understood that contracts have just been exchanged.

As a result, 18 to 21 St Stephen's Green North will be partly transformed from a bank to a coffee shop.

It is understood that Starbucks will occupy a portion of the building on St Stephen's Green.

Some of the most disastrous decisions even taken in the history of the Irish economy were made at the address.

The building became a symbol of the economic downturn – it was bailed out by taxpayers to the tune of over €30bn after becoming one of the biggest lenders to property developers.

At the time the planning application earlier this year, town planners Tom Phillips + Associates, on behalf of Stephen Court Ltd, said: "The coffee shop will sell pre-prepared food, including sandwiches, snacks and beverages for consumption on and off the premises. It will be similar in nature to Costa Coffee or Starbucks."

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