Oakmount acquires 0.35-acre site on border of Dublin 2 and 8
Construction of large building with retail, gym and office space to begin in six weeks
Oakmount, the property development company headed by Paddy McKillen Jr and Matt Ryan, has acquired a 0.35-acre site at the corner of Lennox Street and South Richmond Street in Dublin 2 and will begin construction of a large mixed-use building six weeks from now.
The company acquired the site with the benefit of full planning permission earlier this year after it was brought to the market by its owner, Marlet size, along with parking spaces. Floors one, two and three will hold about 1,858sq m (20,000sq ft) of grade A office space.
The project has obtained funding from GreenOak Real Estate, the US property financiers that began lending in the UK in 2013 and in 2016 set their