A site of 2.194 hectares (7.27 acres) with zoning for town centre facilities in Clondalkin, Dublin 22, is expected to sell for over €20 million when it goes to tender next month.
The L-shaped site at the junction of Ninth Lock Road and Nangor Road is located directly opposite the former paper mills where planning permission has been granted for a shopping centre. Ronan Rooney of the agency says that an initial study suggests that, if the site is used for a purely residential scheme, it could accommodate up to 235 apartments and houses and a surface car-park. Alternatively, a mixed use scheme could include up to 353 apartments, a basement car-park and 2,000 sq m (21,528 sq ft) of commercial buildings.
Temple Bar retail building beside Bad Ass cafe for €1.35m
A three-storey over basement retail building next to The Bad Ass café at Crown Alley in Dublin's Temple Bar area is expected to make over €1.35 million when it offered for sale by tender through agents Harrington Bannon. The 202 sq m (2,174 sq ft) building is available with vacant possession. The ground floor is currently used for retailing while the upper floors are laid out as offices. Harrington Bannon estimates that about 350,000 shoppers move between Dublin's north and south city every week and that the majority pass through this region of Temple Bar.
Dundrum Town Centre restaurant with views to let
A spectacular restaurant on the top of the proposed Dundrum Town Centre in south Dublin has come on the letting market through joint agents Hamilton Osborne King and Harrington Bannon. Named The Sky Restaurant by architect Pat Lafferty, it will have a floor area of 392 sq m (4,224 sq ft) and superb views over south Dublin and the Dublin mountains. The plan is to make it available for coffee and snacks during the day and more formal meals at night.
Lagan Developments and Fyffes buy Navan retail park
A consortium of Fyffes and Lagan Developments, which recently made a killing from the sale of a shopping centre site in Dundalk, has emerged as the purchasers of land for a retail park in Navan.
The partnership secured in excess of €28 million from a Northern Ireland group for the 26-acre site at Ramparts Road in Dundalk. It has now spent €20.32 million for the 23 acres zoned retail warehousing off the Navan link road to the proposed N3 motorway. Meantime, Davys and the Shipton Group (an investment vehicle used by the Love family in Cork) are to prefund another retail park on the former site of Navan Carpets. The €40 million-plus investment will cover the cost of building a 4,645 sq m (50,000 sq ft) warehouse for Woodies and six others. Woodies originally bought the 7.5-acre site on the Kells Road for €10.5 million.
Galway industrial site makes €1.5 million per acre
An industrial site of 12.6 acres on the edge of Galway city has been sold by tender through Hamilton Osborne King for around €1.5 million per acre. The land at Monivea Road and Tuam Road was sold by Crown Equipment, which plan to rent back the 14,634 sq m (157,519 sq ft) plant for two years at €600,000 per annum. The site, located beside the IDA park, is zoned for industrial, warehousing and enterprise uses. A change of use may be sought by the new owners.
Blanchardstown development site of 6.9 acres for €1m
DTZ Sherry FitzGerald expects in excess of €1 million for a development site of 6.9 acres at the old school site, Porterstown Road, Blanchardstown, Dublin 15. It is a long, narrow site overlooking the Royal Canal and fronting on to Porterstown Road. It is zoned for residential and high amenity and would ideally suit a mixed scheme. The old Clonsilla school on the front of the site could be used for a restaurant or bar.
Video games shop opens 24th Irish store in Clare Hall
GameStop, Ireland's largest video games specialist retailer, has opened its latest store in the new Clare Hall shopping centre in Malahide, Co Dublin. The store is its 24th in Ireland as it continues a policy of aggressive expansion since the US multinational took over the Irish-owned Gamesworld last year. Jones Lang LaSalle says GamesStop is still looking for suitable units in busy shopping centres or high streets around Ireland. Retail units should ideally be between 90 and 140 sq m (969-1,507 sq ft).
HOK bursary won by India on an elephant woman
The founder of the Aisling Foundation, Caroline Casey, has been awarded the Hamilton Osborne King bursary for an individual with a disability to participate in the "Common Purpose Matrix Programme". Despite being visually impaired, she trekked through India on the back of an elephant to raise funds and highlight the strengths of people with a disability.
Superquinn convenience store for new Greystones suburb
Superquinn is expected to launch its first new-style convenience store at the Charlesland Centre in Greystones early in November. More than 1,350 homes, a business park of 100,000 sq m (1,076,390 sq ft) and an IDA science and technology park of the same size are planned for the same area. The new retail centre has already allocated units to a pharmacy chain, Health Express, Godfathers Pizza, Sean Graham bookmakers and a dry cleaners. Agents CB Richard Ellis Gunne is now marketing the remaining units which would suite a newsagents, coffee shop, hair and beauty or a DVD/video outlet. The centre is being developed by Mountbrook Homes and Ballymore.
