Centra agrees to anchor retail centre at St Marnock’s Bay residential scheme

Irish retailer to occupy store at 1,200-home Quintain development in Portmarnock

Irish retailer Centra has agreed to become the anchor tenant for the retail centre at St Marnock's Bay, the new residential scheme being delivered by developer Quintain at Portmarnock in north Dublin.

Centra will occupy a 297sq m (3,200sq ft) unit fronting on to Station Road. The new store will incorporate a delicatessen, off-licence and include a number of brands such as Frank & Honest coffee.

Quintain, which is owned by US private equity giant Lone Star, has two other units available to let at the centre which adjoins Portmarnock Dart station. The units extend to 91sq m (985sq ft) and 155sq m (1,677sq ft) respectively and would be suitable for occupation by a pharmacy or medical centre and a cafe or restaurant.

Quintain has plans to build some 1,200 residential units on the 39 hectares (98 acres) of land it controls close to Portmarnock village and strand. To date, more than 270 homes have been built with an additional 133 homes to be completed early in 2022. A planning application has been submitted for the next phase of 172 homes, with a new public park. The scheme’s retail centre is due for completion in late July with a target opening date in the third quarter. Savills is the letting agent for the centre.

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Commenting on Centra’s decision to locate at St Marnock’s Bay, Ian Allen, managing director of SuperValu and Centra said: “At Centra we are committed to supporting local communities around the country and this presents a great opportunity for us to join the growing community in Portmarnock.”

Michael Hynes, joint managing director at Quintain Ireland, said: “We are delighted to welcome Centra to this new retail centre. The development of our Portmarnock land bank is progressing at pace and providing an excellent mix of traditional-style two, three and four-bedroom houses. The sales launch of a further phase of the development will commence in the second quarter of this year.”

Ronald Quinlan

Ronald Quinlan

Ronald Quinlan is Property Editor of The Irish Times