Wednesday 18 October 2017

Sites earmarked for development

Tara House
Tara House
File photo of Heuston Station, Dublin (Mark Condren)
An overview of the Connolly station site in Dublin, which has been earmarked for redevopment by Irish Rail
Paul Melia

Paul Melia

Dublin - Tara Street (0.135 hectares)

Estate agents Lisney has undertaken a marketing campaign, and a successful bidder is expected to be announced in the autumn.

The plan is to develop offices above the existing station, taking in Tara House, an office block owned by the company.

CIE expects to receive 10pc of the annual market rent, or will grant a 300-year leasehold and receive an annual payment - whichever is the greater.

Planning permission already exists for an 11-storey building, but Dublin City Council could allow a 'landmark' development of up to 22 storeys if new planning permission is secured.

 

Sheriff Street (0.26 hectares)

This site is surplus to requirements and is located beside the Point Village. The company is in discussions with Nama about parcelling land it owns with the site, which would result in a site of 1.1 hectares.

This would be subject to a joint sale by public tender. It is expected to go to the market in the autumn, and student housing is the favoured use.

 

Connolly Station yard/car park (3.7 hectares)

Planning permission is already in place for a mixed-use office, residential and hotel development, with 13 buildings up to seven storeys across almost 82,000 square metres.

CIE is planning to undertake a public tender before the end of the year seeking development partners.

The site links with the IFSC and is expected to garner considerable interest. It would also allow for development of car parking facilities, and new staff accommodation.

Heuston Station

Earmarked for development is a high-rise car park under plans by the National Transport Authority to reduce car numbers in the city. Details will not emerge until plans are finalised.

 

CORK

 

Kent Station (2.3 hectares)

Improved facilities for passengers will get under way next month, including a new station entrance and improved connectivity with bus and rail services.

The company is planning to enter into agreement with a developer to build out the site, and Downing Commercial has been appointed as the agent. This process will begin in September.

The site is part of the former goods store, and will be subject to planning. However, a mixed-use development of commercial and residential use is likely.

 

GALWAY

Ceannt Station (6 hectares)

A plan for the station including 800 apartments, shops, bars and restaurants was abandoned three years ago, but a scaled-down version could be progressed.

CIE has permission for some minor works including new entrances and an improved public area, and it would seek to develop in phases after these are complete. It will seek private sector partners to progress the project next year.

Irish Independent

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