Monday 20 November 2017

Third time lucky for Central Bank

Why is that we can't help feeling nervous about yesterday's confirmation that the Central Bank has bought the partially-completed Anglo headquarters from NAMA for €7m? The Central Bank intends to complete the structure, which is located on Dublin's North Wall Quay, as its own headquarters.

The building, which has 20,000 square metres (over 200,000 square feet) of space is large enough to house all of the Central Bank's 1,400 staff who are currently scattered across three locations in Dublin city centre.

However, we can't help feeling apprehensive. Not alone will the Central Bank be abandoning its existing iconic Sam Stephenson-designed headquarters on Dame Street, it will be moving into a building that many would suspect was jinxed.

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