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19/07/2019

New city quarter for the Irish capital

Words: Roger Milne
Offices proposed for Dubin / iStock-184962061

The commercial property fund IPUT – the largest owner of offices in Dublin – has been granted permission by An Bord Pleanála for a new city quarter in Dublin 2’s Wilton Park. The development will provide new offices, retail units and restaurants.

The 41,800 square metre scheme for Two, Three and Four Wilton Park, centred round a new public square/park, is set to be one of the largest building projects undertaken in the capital since the financial crash.

IPUT has already begun redeveloping the adjacent One Wilton Park site, which has been fully pre-let to US tech firm LinkedIn and is scheduled for completion in late 2020.

The entire 55,750 square metre scheme, including One Wilton Park, is expected to cost €350 million.

IPUT has gradually acquired the four properties and adjacent sites over the past decade with a view to developing the quarter.

The Wilton Park estate includes the former Fitzwilton House, now One Wilton Park, whose former tenants include the Australian embassy and William Fry solicitors, and Wilton Park House, formerly let to the Irish FDI development agency (IDA).

Image credit | iStock

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