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Old February 19th, 2009, 08:29 PM   #1
odlum833
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New Bank HQ in Docklands can now proceed

Dublin City Council have recently granted retention and completion permission for developer Liam Carroll's new bank HQ which was destined for Anglo Irish Bank. The Building is located on the Northside of the Liffey down from the new National Conference Center in the North Lotts Area. It means the existing skeleton of the building which has been constructed can now be completed and the building finished. However it has emerged that Sean Dunne may be looking to stop Carroll's development going ahead by appealing DCC's decisions....

The development looks quite a nice addition to the docklands area and I hope no futher hiccups emerge. Of course id prefer any other tenant but Anglo Irish

Some pics


http://www.totarch.ie/galleries/anglo/anglo.htm
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Old February 21st, 2009, 02:01 AM   #2
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Its still quite bland and uniform, but nice too, I like it. Wish seán dunne got his way in ballsbridge, but with the way he sues, karma was against him.
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Old February 21st, 2009, 10:05 PM   #3
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Quote:
Originally Posted by saoró... View Post
Its still quite bland and uniform, but nice too, I like it. Wish seán dunne got his way in ballsbridge, but with the way he sues, karma was against him.

He seems to have some serious beef with Liam Carroll.....is Sean Dunne just throwing the toys out of the pram? This is indeed a nice building and it would be a shame if he ruined it's completion.


I thought Sean Dunne was bankrupt anyway!?
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Old September 2nd, 2009, 01:15 AM   #4
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A little snippet of news on this today

Quote:
The State-owned Anglo Irish Bank signalled last week that the bank intends to lease and occupy a building at North Wall Quay in the north Dublin docklands for which it will advance €68 million to the Zoe Group to complete. Anglo’s head of operations confirmed its continued interest in leasing the first block at a meeting with KPMG last Saturday

So looks like it is going to be finished.
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Old September 2nd, 2010, 02:59 PM   #5
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..

Quote:
Liam Carroll gets permission to finish Anglo HQ

Thursday, 2 September 2010 12:18

An Bord Pleanála has granted planning permission for developer Liam Carroll's North Quay Investments Limited to complete the building of the proposed Anglo Irish Bank headquarters in Dublin's docklands.

Originally Anglo provided the funding for the development to Mr Carroll's company, North Quay Investments, and was to rent part of the development as its intended new headquarters.

In 2007, the Dublin Docklands Development Authority fast-tracked planning permission to Mr Carroll on the condition that he give some land on the former Brooks Thomas site on North Wall Quay back to the Authority so it could build a park.
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As part of the deal the Authority said it would later push for changes to the planning scheme for the area, so further development could take place.

The permission was for an eight-storey office development and was outside the Authority's own planning guidelines for density in the North Lotts' area.

The Authority's confidential agreement with Mr Carroll later caused the High Court to quash planning permission for the development, when rival developer Sean Dunne took a case that led to a ruling that the secret agreement between the planning authority and Mr Carroll gave rise to a 'reasonable apprehension of bias'.

The fast-track permission was invalidated by the High Court and construction stopped on the site.

A new application was made to Dublin City Council to retain the building in its current, unfinished state, and permission for all other works, including facades to be finished.

Dublin City Council gave notification of a decision to grant permission on 2 January 2009.

This was appealed by Mr Dunne's North Wall Quay Property Development later that month.

The appeals and court cases mean the building has been unfinished on Dublin's quays for several years.

Permission has now been upheld to retain and to finish the building.
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Old April 23rd, 2011, 09:01 PM   #6
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Rumors on achiseek that work is now progressing again, any know if this is the case?
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Old April 23rd, 2011, 10:35 PM   #7
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I read somewhere that an American bank has expressed an interest in occupying the building if it's completed, but I guess it will be up to NAMA to make the final decision. I think though that it's psychologically important for the city to have this building either completed or demolished. It's both a symbol of our failed property bubble, and of Anglo Irish Bank itself and we need to pick ourselves up and move on. I hope something happens with it soon.
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Old April 23rd, 2011, 11:14 PM   #8
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Ah, cool. Courageous of them

I agree something needs to be dont with the place. Alternatively, if it were not developed, I reckon it could always be turned into an artwork of sorts, a reminder of past mistakes *deep* or even something thats just more pleasent to look at :P Grow some trees there, make it vertical garden or spray paint some murals etc.
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Old April 24th, 2011, 12:32 AM   #9
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This must be what you're talking about.

http://www.irishtimes.com/newspaper/...295054829.html

Quote:
US bank BNY Mellon is looking at renting the half-built HQ once planned for Anglo-Irish Bank.

THE HALF-BUILT office building in the north Dublin docklands which was to have been used as a new headquarters for Anglo Irish Bank is one of a number of venues being considered by the American bank, BNY Mellon, for its new Dublin headquarters. Anglo’s ill-fated HQ has become a symbol of Ireland’s property and financial collapse over the past three years.

BNY Mellon, a major global player in investment management and investment services to institutions and high net worth individuals, is seeking a headquarters building of up to 18,580sq m (200,000sq ft) to replace several offices in the city.

BNY Mellon’s Dublin agent Jones Lang LaSalle said yesterday that the partially built office building in the docklands was only one of a number of options being looked at and they had not yet drawn up a short list.

In fact, there are relatively few city office buildings of the size needed by the bank due to the dramatic fall-off in construction when the property market collapsed. The bank has a clear choice of either renting one of a small number of completed pr partially completed buildings or embarking on a design-and-build contract with a developer once it settles on a suitable site in the city.

BNP Mellon is understood to have been interested in Montevetro, the newly-completed high rise office block on Barrow Street, before it was bought by Google.

Agents specialising in the office market still believe there is every likelihood that the bank will opt for the planned Anglo Irish headquarters because of its high profile location overlooking the city quays.

Should that be the bank’s choice it will be then up to the Nama to decide whether to fund the completion of the buildings which will have a floor area of around 21,376sq m (230,000sq ft).

The partially built block was one of a large number of properties owned by Liam Carroll’s Zoe group of companies which collapsed into receivership and liquidation in 2009 with debts of €1.3 billion.

Most of the properties were subsequently transferred to Nama.

Carroll drew down €40 million from Anglo to finance the North Quay development. A court was told lst year that it would cost €8 million to clad the buildings and a further €60 million to complete them.

Nama has a €5 billion fund for investment in projects where it believes it can increase its overall return if it completes unfinished projects.

It is generally believed that Nama would need to agree a rent of between €376 and €430 per sq m (€35 to €40 per sq ft) to justify the additional expenditure.

“I have no doubt Nama would go along with those terms,” an office agent said yesterday. “A deal with the American bank would get them out of jail.”

Great news IMO. It's about time someone came along and finished off the building - It's just such an eyesore.
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Old April 24th, 2011, 12:41 AM   #10
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Nice one, cheers!
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Old April 24th, 2011, 12:46 AM   #11
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If there's now a shortage of prime office space maybe we'll see some movement on some of the big projects proposed before the collapse? Like Aquavetro and some of the other offices proposed for the Spencer dock area? Hopefully so
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Old April 24th, 2011, 09:50 PM   #12
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Does anyone have a render of what the finished building is supposed to look like. I can't seem to find one. >_<
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Old April 24th, 2011, 10:18 PM   #13
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I will find some renders for you.

Great to see it under way again but the real news here is not the building but the confidence boost to add to those extraordinary export figures last week. Things do seem to be looking up. Pardon the pun.
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Old April 24th, 2011, 10:54 PM   #14
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Speaking of Anglo Irish Bank - the bank signage came down this week. Crowds and the media where there to witness the event

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Old April 24th, 2011, 11:13 PM   #15
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Well if the finished product is anything like the render it will be alot better then the lumpen skeleton sitting there at the moment! Like a reminder of everything thats bad. I say, either finish it or demolish it!

Incidentally, does anybody remember Carroll applying to increase the height to 16 stories at some point?

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Old April 25th, 2011, 01:09 AM   #16
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Thanks.
I actually quite like it, it's amazing what a random angle half way up a wall can do to an otherwise bland building...
And as has been said above, anything is better than what's there at the moment.
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Old April 25th, 2011, 03:04 AM   #17
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Incidentally, does anybody remember Carroll applying to increase the height to 16 stories at some point?
Does the area have an LAP? No doubt he would have be denied though.
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Old April 25th, 2011, 03:07 AM   #18
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The height is well above 16 storeys now. This is U2 tower territory hence the spate of applications for highrise 30 storey + buildings in recent times. The area is designated for this scale of development by the DDDA - they have control over this policy - not Dublin City Council. They have been helpfully restricted to their Georgian paradise.
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Old April 25th, 2011, 04:59 PM   #19
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Here's what the building looks like now for anybody who hasn't seen it

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Old April 26th, 2011, 01:52 PM   #20
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Not only is the building going to be finished, there also might be competition for it.

http://www.irishtimes.com/newspaper/...295459527.html

Quote:
THE CENTRAL Bank is considering moving from its iconic headquarters in Dame Street, Dublin, to a single large building in the Docklands area that would accommodate 1,500 staff.

An internal memo from chief operations officer Gerry Quinn, seen by The Irish Times , said: “We are currently looking at our accommodation options [and] we have committed to putting some firm proposals on the table in the coming month or so”.

One option looked at by the Central Bank would involve acquiring the shell of a large office complex on North Wall Quay, once the putative future headquarters of Anglo Irish Bank – abandoned after the collapse of Liam Carroll’s Zoe group.

Although this scheme is not specifically mentioned in the memo, one staff member refers to some “very fine” unfinished buildings near Spencer Dock. “Guidelines do not permit being specific, but one of the above in particular might be extremely suitable,” he says.

This was a clear reference to the aborted Anglo Irish project, whose hulk symbolised the property crash. Last week, it was reported US bank BNY Mellon was looking at leasing the complex, which would have nearly 21,400 sq m of office space.

In his memo to staff on a confidential in-house blog, Mr Quinn said the “current set-up of multiple locations is not a long-term solution”, with staff based in Dame Street, Spencer Dock and Harcourt Road.

“There are a number of potential alternatives for single buildngs in the business parks that exist in various locations outside the city centre. However, this clearly brings issues in terms of a suitable location from a business and staff perspective,” he wrote. “Closer to the city centre, there are more limited alternatives for a single building in the broad Docklands/Dublin 4 areas. What is clear is that there is no viable single building in the immediate vicinity of Dame Street.

“This brings us to the second option. In this case we would hold on to the tower block in Dame Street and supplement that with one other building, again broadly in the same districts as above. This would also require a significant refurbishment of the tower block.”

Mr Quinn told staff that “there are significant financial implications that need to be taken into account, including lease-versus-buy”. He also asked how relevant they thought the tower block was as “a ‘symbol’ of the Central Bank”.

Most staff wanted it retained as part of a “twin building” solution, with departmental majorities of 60 to 91 per cent. “It is an iconic piece of architecture that is synonymous with the Central Bank”, one wrote.

But there was strong support for “a building big enough to house us all under one roof, fitted out to a Spencer Dock standard ... close to all main transport links – bus, rail, Luas, port tunnel”, another blogger wrote.

A bank spokesman said: “The Central Bank currently accommodates its staff across a number of buildings in Dublin. Due to an expansion in functions and in staff numbers, the bank is involved in examining its long-term strategic accommodation needs and its options in that regard. There are no specific proposals or decisions made at this time.”
You couldn't make it up. :P
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