search the site
 daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > European Forums > UK & Ireland Architecture Forums > Projects and Construction > Irish Architecture Forum > Republic of Ireland

Republic of Ireland For projects and construction in Dublin and the South



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools Rating: Thread Rating: 3 votes, 5.00 average.
Old October 3rd, 2009, 03:01 AM   #1
odlum833
Registered User
 
odlum833's Avatar
 
Join Date: Sep 2007
Location: Dublin
Posts: 9,982
Likes (Received): 2070

Dublin: New plans lodged for D4 Jurys site





Quote:
Dunne lodges application for €300m Ballsbridge scheme



DEVELOPER SEÁN Dunne has lodged a new planning application for the high-profile Ballsbridge, Dublin, site which he bought four years ago for a record €379 million.

Last January, An Bord Pleanála shot down Mr Dunne’s original plans for what were the Jurys and Berkeley hotels sites

in Ballsbridge, one of the capital’s more prestigious addresses.

Yesterday, D4 Hotels, the Seán Dunne-controlled company that now runs the hotels, submitted fresh plans to Dublin City Council, for a €300 million development at the site featuring a hotel, apartments, shops and public services, such as childcare facilities and a medical centre.

The new plans provide for a tower of 15 storeys. The unsuccessful bid included a 37-storey tower, which was one of the reasons that the planning appeals board turned down the application.

The alternative that D4 Hotels is now proposing deals with the points raised by An Bord Pleanála, including reducing the maximum height and keeping trees and railings along the Lansdowne Road side of the site.

It has rolled back on the original retail element of the plans and is limiting proposed shopping space to “neighbourhood” scale, about one-fifth of what was originally proposed, and cuts out offices and embassy use entirely.

There is a bigger emphasis on residential development, with family-sized apartments forming a large part of the plan. The company said it is proposing to replace car parks with public spaces.

The hotel will be a seven-storey building and will have 135 bedrooms. Currently there are two hotels on the site.

“The current proposals fully address the January 2009 refusal by An Bord Pleanála of the previous application,” D4 Hotels told The Irish Times yesterday.

If it gets the go-ahead, the new development will cost €300 million and will create an average of 450 building jobs, rising to a peak of 675, according to the company.

Along with that, it estimates that it will create a further 180 jobs “off site”. It says that over the longer term, the completed development will employ 600 people. Overall, D4 Hotels estimates that this will add €22 million a year to the economy.

Mr Dunne bought the Ballsbridge site from Jurys-Doyle Hotels in 2005 for €379 million, a record price approaching €58 million an acre. Glenkerrin Homes topped that within months when it paid €84 million an acre for the old veterinary college, which is close by.

Mr Dunne also owns Hume House in Ballsbridge, adjacent to the D4 Hotels site. He acquired this from original owner Irish Life by swopping it for a docklands office block.

He has subsequently said that he paid 35 per cent of the original purchase price. He borrowed the rest from Ulster Bank, which is owned by Royal Bank of Scotland.

Irish Times
__________________
Ireland forum is here

http://www.skyscrapercity.com/forumdisplay.php?f=1596
odlum833 está en línea ahora   Reply With Quote

Sponsored Links
Old October 5th, 2009, 04:05 AM   #2
saoró...
níféidirliomdulacholadh
 
Join Date: Nov 2006
Location: Áth Cliath, AE
Posts: 713
Likes (Received): 54

Nice and dull, so. Whats the deal with chessboarding things these days. They probably could have pushed 20 on the tower too. Great to average, happens so often.
saoró... no está en línea   Reply With Quote
Old August 9th, 2010, 02:43 AM   #3
Catmalojin
Registered User
 
Join Date: Feb 2009
Location: Dublin, Galway & New York
Posts: 3,914
Likes (Received): 847

They've been approved:

Quote:
Revised plans for Jurys and Berkeley Court site approved

TIM O'BRIEN

Mon, Aug 09, 2010


REVISED PLANS to redevelop the Jurys and Berkeley Court hotels in Ballsbridge have been approved by Dublin City Council.

The scaled-down, mixed-use application includes permission for a 15-storey tower, a 135-bedroom hotel and a range of apartments, shops and offices.

Developer Sean Dunne, who paid €54 million an acre for the site in 2005, had previously hoped to build a 37-storey tower, sculpted like a diamond with a 232-bedroom hotel, a new cultural quarter, an embassy quarter, apartments and retail, office, leisure and creche facilities. The application was rejected by An Bord Pleanála citing issues of bulk and over development.

The new planning approval for the site includes 12 buildings, 11 of which are primarily residential, and one which is primarily a hotel. The development includes offices, licensed restaurants, bars, cafes, childcare facilities, healthcare facilities and ancillary uses above and below ground.

The site is bounded by Lansdowne Road to the north, Shelbourne Road to the east, Pembroke Road to the west, and the former Veterinary College site to the south.

Basement levels will accommodate 963 car spaces. Vehicular access to the basement and service areas is provided from Shelbourne, Pembroke and Lansdowne roads. Of the mainly residential blocks, one has a “shoulder level” of seven storeys, then rises two narrower levels to nine storeys, and contains a licensed restaurant on the ground floor.

Blocks two to four have a shoulder level of eight storeys stepping up to 10 storeys from the lower-ground floor.

Block five has a shoulder level of seven storeys stepping up to nine storeys and contains a childcare facility at ground floor. Block six has a shoulder level of eight storeys stepping up to 10 storeys and contains part of the healthcare facility at lower-ground and ground floor levels.

Block seven has an overall height of seven storeys from the lower-ground floor and contains the remainder of the healthcare facility at lower-ground and ground levels.

Blocks eight to 11 are centred around a courtyard garden over the ground-floor anchor retail unit and have a shoulder height of seven storeys, stepping up to nine storeys with the feature 15-storey landmark element defining the Pembroke Road front.

The development will include private, semi-private and public open spaces.

Mr Dunne or his main Mountbrook Group could not be contacted for comment yesterday.

© 2010 The Irish Times
Catmalojin no está en línea   Reply With Quote
Old August 9th, 2010, 04:05 PM   #4
odlum833
Registered User
 
odlum833's Avatar
 
Join Date: Sep 2007
Location: Dublin
Posts: 9,982
Likes (Received): 2070

Does anyone know who the architects are? Im trying to find more images.
__________________
Ireland forum is here

http://www.skyscrapercity.com/forumdisplay.php?f=1596
odlum833 está en línea ahora   Reply With Quote
Old September 16th, 2011, 08:33 PM   #5
Catmalojin
Registered User
 
Join Date: Feb 2009
Location: Dublin, Galway & New York
Posts: 3,914
Likes (Received): 847

Quote:
Green light for development at Jury's site
Updated: 17:31, Friday, 16 September 2011



Developer Sean Dunne has been given the final go ahead for a scaled down redevelopment of the Jury's and Berkeley Court Hotel site in Dublin 4.

After four years of planning controversy, An Bord Pleanála has given a 10-year permission for a development to consist of a 151-bedroom hotel and 11 apartment blocks ranging in height from six to 12 storeys.

The scheme passed unanimously by the board today against the advice of its planner is the third revision since the original scheme lodged in 2007.

That plan involved a 37-storey tower on the seven-acre site which he bought for €379 million in 2005 working out at over €50 million an acre.

The original scheme also contained more than 27,000sq.m of retail space and 42,000sq.m of office units but was completely rejected by An Bord Pleanála.
The retail element has now been reduced with provision for one anchor store of 2,000sq.m while the office development is gone.

There were a number of objections to the latest scheme from local residents but today one spokeswoman acknowledged that it had been "scaled back massively" from the original proposal.

While there is little chance of funding in the immediate future, the project's planning consultant Tom Phillips pointed out today that the planning permission is for 10 years and the scheme could be developed in phases.

The site is not in NAMA as the banks involved are all foreign-owned.

Story from RTÉ News:
http://www.rte.ie/news/2011/0916/dunnes.html
Surprising news, I had thought this project was dead.
Catmalojin no está en línea   Reply With Quote
Old September 17th, 2011, 05:15 AM   #6
odlum833
Registered User
 
odlum833's Avatar
 
Join Date: Sep 2007
Location: Dublin
Posts: 9,982
Likes (Received): 2070

It won't go to construction until the property market stabilises.


€375m was paid for this land. €54m an acre. :o
__________________
Ireland forum is here

http://www.skyscrapercity.com/forumdisplay.php?f=1596
odlum833 está en línea ahora   Reply With Quote
Old September 18th, 2011, 01:33 AM   #7
thebig C
Registered User
 
Join Date: Jun 2009
Posts: 2,219
Likes (Received): 322

Quote:
Originally Posted by odlum833 View Post
It won't go to construction until the property market stabilises.


€375m was paid for this land. €54m an acre. :o
Even when/if it does go to construction phase....it won't even break even! Not at those aquisition costs and construction and fit out will add at least another €100 million!

Actually, its a death nell for this project that all the retail and commercial elements are cancelled. Commercial office space, especially in the D2/D4 areas are one of the few facets of the property market which are showing some signs of life. Much of the current D4 stock is first and second generation (1960s-1980s) stock and many occupiers of those buildings choose to move rather then go through an expensive refurbishment.

Likewise, the retail sphere is showing tiny signs of resurgence in the right areas. However, the retail element has been cut to just 2000sq.m, barely the size of a convenience store. As far as I know the nearest full size supermarket is on the Merrion Rd so this site was ripe for a 3-5000 sq.m anchor store plus about the same in ancillary space.

On the other hand, residential is pretty much on the floor...even in leafy Ballsbridge. By confining this development almost solely to apartments, witch no commercial earning potential will mean that even if they are built the unit cost will be rediculously high!

My guess is this is just a "proof of concept" with Ulster Bank waiting a few years to offload at a knockdown price to some other developer who will no doubt seek "material changes" to that already permitted.

C
thebig C no está en línea   Reply With Quote
Old September 18th, 2011, 05:24 PM   #8
belfastuniguy
Subliving
 
belfastuniguy's Avatar
 
Join Date: Aug 2006
Location: Belfast
Posts: 20,049
Likes (Received): 7372

Quote:
Originally Posted by odlum833

EUR375m was paid for this land. EUR54m an acre. :o

Just shows how shockingly out of control the property boom was.

The cost means this will likely never be build. As mentioned above it will be sold off cheap after years and years of it lying idle.
__________________
Anyone that lives within their means suffers from a lack of imagination - Oscar Wilde

:: Northern Ireland Forum : Republic of Ireland Forum ::
belfastuniguy no está en línea   Reply With Quote
Old September 19th, 2011, 03:27 AM   #9
odlum833
Registered User
 
odlum833's Avatar
 
Join Date: Sep 2007
Location: Dublin
Posts: 9,982
Likes (Received): 2070

Quote:
Originally Posted by belfastuniguy View Post
Just shows how shockingly out of control the property boom was.

The cost means this will likely never be build. As mentioned above it will be sold off cheap after years and years of it lying idle.

It's not idle though. It's the site of at least one of Dublin's poshest hotels. They are open and being run normally. It may be the site does not need to be redeveloped in any case though i'd prefer if it was. Given it's location and a 10 year planning permission it could be developed in say 5 - 8 years.
__________________
Ireland forum is here

http://www.skyscrapercity.com/forumdisplay.php?f=1596
odlum833 está en línea ahora   Reply With Quote
Old September 19th, 2011, 03:19 PM   #10
Irish Blood English Heart
Letting off the happiness
 
Irish Blood English Heart's Avatar
 
Join Date: Sep 2002
Location: Wherever I lay my hat
Posts: 5,783
Likes (Received): 376

That aquisition must've bankrupted Sean Dunne!
Irish Blood English Heart no está en línea   Reply With Quote
Old September 19th, 2011, 04:01 PM   #11
thebig C
Registered User
 
Join Date: Jun 2009
Posts: 2,219
Likes (Received): 322

Quote:
Originally Posted by odlum833 View Post
It's not idle though. It's the site of at least one of Dublin's poshest hotels. They are open and being run normally. It may be the site does not need to be redeveloped in any case though i'd prefer if it was. Given it's location and a 10 year planning permission it could be developed in say 5 - 8 years.
I think thay are being run as discount hotels, which is certainly a contrast to the previous life of the Berkeley Court.
thebig C no está en línea   Reply With Quote
Old September 19th, 2011, 04:02 PM   #12
thebig C
Registered User
 
Join Date: Jun 2009
Posts: 2,219
Likes (Received): 322

Quote:
Originally Posted by Irish Blood English Heart View Post
That aquisition must've bankrupted Sean Dunne!
Actually, when Sean Dunne reopened the Hotels offering special "per room per night" rates thats when many people realised that he was having trouble raising cash to meet interest payments!!
thebig C no está en línea   Reply With Quote
Old September 19th, 2011, 08:40 PM   #13
belfastuniguy
Subliving
 
belfastuniguy's Avatar
 
Join Date: Aug 2006
Location: Belfast
Posts: 20,049
Likes (Received): 7372

Quote:
Originally Posted by odlum833

It's not idle though. It's the site of at least one of Dublin's poshest hotels. They are open and being run normally. It may be the site does not need to be redeveloped in any case though i'd prefer if it was. Given it's location and a 10 year planning permission it could be developed in say 5 - 8 years.
Not anymore they're not. Discounted and increasingly down market. I've noticed a slide in standards in some Dublin hotels as they have reduced prices.

Obviously some gems remain which is fabulous.
__________________
Anyone that lives within their means suffers from a lack of imagination - Oscar Wilde

:: Northern Ireland Forum : Republic of Ireland Forum ::
belfastuniguy no está en línea   Reply With Quote
Old September 20th, 2011, 02:23 AM   #14
Catmalojin
Registered User
 
Join Date: Feb 2009
Location: Dublin, Galway & New York
Posts: 3,914
Likes (Received): 847

From yesterday's Sunday Business Post:

Quote:
Dunne may never profit from Ballsbridge plan
18 September 2011 By Gavin Daly

Developer Sean Dunne may never see any personal return on his long-running plan to redevelop Ballsbridge in Dublin 4, despite planning approval being granted for the project last Friday.

The developer does not have any shareholding in the companies behind the project, following a move by his bankers to take control last year.

Instead, Ulster Bank, Dutch lender ACC Bank and Kaupthing Singer & Friedlander, a British division of the Icelandic bank, own all the equity in the project.

The banks are likely to decide the pace of development, although it is understood that Dunne could be released from some personal guarantees he gave over loans if the project reaches a certain value.

Sources said the incentive would kick in if the site was sold for between €220 million and €250million.

Dunne bought the former Jurys and Berkeley Court hotels for €378 million in 2005, and has made several attempts to get planning permission approved.

Last Friday, An Bord Pleanala gave the go-ahead for 490 apartments in 11 blocks of up to 12 storeys, a ten-storey 151-bedroom hotel, 4,000 square metres of retail space and an underground car park with 920 spaces.

The project will include bars, a restaurant, creche and healthcare facility.

In a statement, Dunne’s Mountbrook Group welcomed An Bord Pleanala’s approval for the plan.

However, it said that ‘‘any development will not commence for at least five years’’, more than a decade after Dunne bought the sites.

© Thomas Crosbie Media 2011.
Catmalojin no está en línea   Reply With Quote
Old September 20th, 2011, 05:24 AM   #15
odlum833
Registered User
 
odlum833's Avatar
 
Join Date: Sep 2007
Location: Dublin
Posts: 9,982
Likes (Received): 2070

At €54m an acre (is that a world record?) I highly doubt he would make even half of his projected gain on this site. He would certainly lose alot of money regardless. ALOT of money.
__________________
Ireland forum is here

http://www.skyscrapercity.com/forumdisplay.php?f=1596
odlum833 está en línea ahora   Reply With Quote


Reply

Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 08:00 PM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu