Ballymore Launches Dublin Landings

Largest Mixed Use Development in Dublin’s Business District with a GDV in excess of €700 million

DUBLIN--()--Ballymore Group (“Ballymore”), one of the largest privately-owned property groups in Europe, today officially launches its new docklands development, Dublin Landings. The launch event is taking place at the CHQ Building IFSC, Custom House Quay, Dublin 1 this morning.

Situated along Dublin’s North Wall Quay, this ambitious project will raise the bar on architecture and landscape design to the standard of other global financial centres. The development rights for this 2.35 hectare site were secured by Oxley Docklands Quay Limited (“Oxley”) who have partnered with Ballymore to manage and deliver the project over the next four years. Ballymore and Oxley recently launched one of London’s largest and fastest selling mixed-use projects, Royal Wharf, in a successful joint development.

Highlights

  • Dublin Landings is a 1,000,000 sq. ft. mixed-use development on North Wall Quay
  • Combines 700,000 sq. ft. of flexible Grade A office and retail space with 273 luxury residential apartments
  • 5 new office buildings to be delivered by 2020
  • Construction of No 1 and No 2 has already started, comprising 300,000 sq. ft.
  • NTMA anticipated to be first tenant taking 83,000 sq. ft.
  • Walls Construction appointed as main contractor to construct first two of five office blocks
  • 2,000 construction jobs created throughout life of the project
  • Situated in City Block 8, home to Central Bank of Ireland’s New Headquarters, Dublin Landings has excellent transport links and is proximate to the Dublin Port Tunnel, the LUAS tram system and Connolly train station

Sean Mulryan, Chairman and Group Chief Executive of Ballymore Group commented: “I am delighted to be developing a project of this scale in Dublin City Centre. The Docklands area and North Wall Quay specifically, has great potential and we are looking forward to harnessing that. Dublin Landings will showcase our design expertise in Docklands development and will bring to life our vision of creating a vibrant community within the area. Through considered landscaping and careful planning of the urban spaces, we aim achieve a strong sense of place. The calibre of tenants expressing interest in Dublin Landings is a testament to the quality and scale of the development which will, we believe, not only define new standards for mixed-use development in Ireland, but also match international standards. We are delighted to be working with Oxley once again as we aim to build on the success of Royal Wharf, one of London’s largest and fastest selling mixed-use projects.”

Mr Ching, Chairman of Oxley Holdings commented: “We are delighted to be launching Dublin Landing’s today, as our first venture into the Irish market. We have great confidence in the Dublin market and particularly the Central Business District. This unique mixed-use site is unlike any other in Dublin and we look forward to working with Ballymore who are undoubtedly the most exciting and creative property development company around today.”

Dublin Landings

The Dublin Landings development is superbly located in the heart of Dublin’s Docklands at City Block 8 on Dublin’s North Wall Quay, also home to the Central Bank of Ireland’s new headquarters. With a Gross Development Value (GDV) in excess of €700 million, on completion, the site will comprise 700,000 sq. ft. of Grade A office space, 273 luxury one, two and three bed apartments and a number of retail units. It will be home to 5,500 people who will live and work in the area, creating a vibrant new community in an exciting part of the city.

Amenities within the development will include: rooftop gardens and terrace, an 11,000 sq. ft. gym, a concierge service for residential tenants, secure underground parking and electric car charging. Both residential and commercial units will be fitted with best in class LED lighting and all units will have a BER3 rating.

Dublin Landings will benefit from exceptional transport infrastructure, and appeal to a variety of domestic and international occupiers across a number of sectors. The immediate locality has experienced and continues to see significant development activity including the development of The Point Village, The Gibson Hotel and the Convention Centre Dublin. Its attractive location, superior design, world-class infrastructure and transport links, Dublin Landings has a rarity value unmatched in the city.

In Summer 2018, the NTMA is anticipated to be the first occupant, taking 83,000 sq. ft. of the first office block, a 220,000 sq. ft. eight storey waterfront building.

Architecture & Landscape

Internationally renowned as an expert in docklands development, and with a number of award winning docklands developments in London, Ballymore has set a new standard in Dublin with this mixed-use scheme. Designed jointly by RKD Architects and Arrow Architects, when constructed, Dublin Landings will create a unique and architecturally striking world-class urban quarter.

In order to achieve the goal of creating a community within the Docklands, architectural variety, both in expression and materiality has been a key focus. The introduction of diversity has created a less polished version of the Docklands which reflects on the experience of Ballymore in London and Scandinavian design approach.

Landscaping has been central to the development of the scheme, ensuring the creation of a distinctive city quarter with a sequence of spaces, streets and green pockets that people will use, love, protect and manage over many years.

www.dublinlandings.com

About Ballymore Group

Ballymore Group is a family owned, international property development company with a reputation for innovative projects that push boundaries and energise cities. The Group was recently awarded ‘Large Developer of the Year’ at the prestigious RISI awards in London.

Ballymore has the scale is that of a heavyweight developer, but retains the integrity of a family business. Believing in building developments that improve, enrich and enhance people’s lives, and has proved time and time again that it’s smart business sense to do so.

Why Dublin Landings?

The name Dublin Landings has been derived from the deep history rooted in the North Docklands area. From the landing of the Vikings up to the history with the United Irishmen, the site has witnessed the birth and growth of Dublin City. Today, Dublin Landings represents the arrival of a new generation of talent as the Docklands area continues to thrive. For Ballymore, the naming of a scheme is equally important as any other element as it shapes the future of the area. Dublin Landings celebrates a new era in docklands development for Dublin.

Contacts

Ballymore Group
Paul Keogh, +353 87 220 7777
PKeogh@ballymoregroup.com
or
FTI Consulting
Melanie Farrell, +353 86 401 5250
Melanie.farrell@fticonsulting.com

Contacts

Ballymore Group
Paul Keogh, +353 87 220 7777
PKeogh@ballymoregroup.com
or
FTI Consulting
Melanie Farrell, +353 86 401 5250
Melanie.farrell@fticonsulting.com