A Michael Cotter-run company has applied for planning permission at 8 Hanover Quay to construct a substantial residential and office development on a 0.43 hectare site, which is currently occupied by Durabond House.
Offices of 13,518sq m (145,500sq ft) will be constructed in addition to 40 residential units, comprising 8 one-bed, 30 two-bed and 2 three-bed units. The maximum height of the building is 28m, making it less than half the height of the nearby Millennium Tower apartments.
This is not Cotter’s first foray into docklands development – with his award-winning neighbouring development, a cluster of blocks further up Hanover Quay, remaining among the most sought after in the city.
Elsewhere in the Docklands, the Wexford-based Boland family, veterans of the motor trade and operators of the Hertz car rental franchise in Ireland, are hoping to build five houses off Grand Canal Street in Dublin 4 – a three minutes walk from Google HQ.
Their investment vehicle, Ryan’s Investments, has sought planning permission to construct a set of semi-detached houses and three terraced houses in a cul-de-sac near the Barrow Street junction of Grand Canal Street. Each of the five houses will feature two bedrooms, with a total of 8 car parking spaces to be provided. It is unknown whether the homes will be sold or rented out – either way demand is unlikely to be a problem, with rents of €2,000 per month common for two bedroom properties in the area.
