Con­struc­tion re­mains cen­tred on south of city

The Irish Times - Business - - BUSINESS COMMERCIAL PROPERTY - JUSTIN COMISKEY

There were 70 con­struc­tion cranes vis­i­ble over the cen­tre of Dublin on Oc­to­ber 1st from the sev­enth floor of the Ir­ish Times build­ing on Tara Street. This is an in­crease of two on Septem­ber’s to­tal of 68, and more than dou­ble the 34 cranes recorded on Fe­bru­ary 1st, 2016.

Con­struc­tion is still con­cen­trated in pock­ets south of the Lif­fey – Balls­bridge, the Dock­lands and Molesworth Street – where there were 54 cranes (the same as last month).

De­mo­li­tion and site clear­ance work has just started on one of the last large river­front sites in the South Dock­lands. A 1.7-acre site at Lime Street and Sir John Roger­son’s Quay, which once housed the Ir­ish Steam Packet Com­pany, is to ac­com­mo­date a €100 mil­lion scheme with 100,000sq ft (9,290sq m) of of­fices and 100 apart­ments.

This is the last sig­nif­i­cant brown­field site for de­vel­op­ment in the south docks spe­cial de­vel­op­ment zone where much of the cur­rent con­struc­tion boom is con­cen­trated.

Fif­teen cranes were vis­i­ble north of the Lif­fey – one up on Septem­ber and 50 per cent up on May’s to­tal. There has been a marked in­crease in the pace of de­vel­op­ment work in the North Dock­lands, es­pe­cially down river of the new Cen­tral Bank build­ing on North Wall Quay.

For ex­am­ple, con­struc­tion is ramp­ing up at the Dublin Land­ings scheme where work has started on three fur­ther of­fice blocks which will de­liver an ad­di­tional 30,679sq m (330,000sq ft) of of­fice ac­com­mo­da­tion by the end of 2019. The first block is due for fit-out early next year, while a sec­ond is well ad­vanced.

With the Ir­ish econ­omy ex­pected to con­tinue its re­cov­ery, a num­ber of sig­nif­i­cant de­vel­op­ments are due to en­ter the con­struc­tion phase shortly.

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