PLANS by developer Johnny Ronan to convert a Fitzwilliam Square, Dublin, property into an exclusive residence have been kept alive.
Mr Ronan wants to transform the upmarket 65 Fitzwilliam Square North – along with its mews building off Pembroke Lane – from offices into a luxury pad.
The building in Dublin 2 has been used as offices for decades. He received approval for the scheme in 2008, but the work has yet to be carried out.
With the permission on the verge of lapsing, Mr Ronan applied to Dublin City Council for an extension of time to upgrade the building.
Having reviewed the plans again, the local authority granted the application, giving the developer another five years to complete the work.
Mr Ronan's plans involve work on the external facade, restoring the original windows, reconfiguring the staircase and installing a new kitchen.
The minor alterations to the front will consist of cleaning the stonework plinth as well as repairs to the slate roofs.
Inside the property, the developer wants to renew the existing original hardwood windows and doors, repair plasterwork and remove contemporary partitions.
The proposals are in accordance with the local authority's city development plan, one of the aims of which is to encourage the provision of more family residences in the inner city.
Mr Ronan caused a stir in 2007 when it emerged he had bought the freehold to Fitzwilliam Square itself.
Residents were concerned he would build an underground car park beneath the square's communal gardens.
He later denied having any plans for a car park but said that he wanted to enhance the park and improve its layout.
As the owner of No 65, Mr Ronan is also entitled to a key to the private park.
Treasury Holdings, controlled by Mr Ronan and Richard Barrett, was declared insolvent with loans of €2.7bn last October.
It emerged last month that Mr Ronan was to sell his 66.6pc interest in a high-quality office building overlooking the Grand Canal at 8-34 Percy Place, Dublin 4.