Development Site at the corner of Macken Street and Pearse Street Dublin 2

This is an excellent opportunity to acquire a high profile corner development site in the Silicon Docks with full planning permission in place for a unique 3 storey Live-work building that comprises approx. 216.6 sq.m. (2,331 sq.ft.) with full floor to ceiling height display windows on the ground floor.

Location

The property is located on a very high profile corner position at the junction of Macken Street and Pearse Street in the SOBO area of the Dublin Docklands (SOBO – South of Beckett O’Casey bridges).

This develop site is only a short walking distance from the Bord Gais Energy Theatre, Clayton Hotel & Conference Centre, The Marker Hotel with it’s rooftop terrace, The Lir Academy, Accenture, McCann FitzGerald as well as Tik Tok and Google’s Head Office buildings on Barrow Street.

Macken Street is a very busy street with high volumes of passing traffic to the Calatrava/ Macken Street Bridge and the north city centre.

The immediate south docks SOBO area is an emerging office location that has seen an increase in large scale Net Zero office developments due to strong office rental growth in the tech and financial services sector.

Google’s Bolands Quay new development on Barrow Street is only a short walking distance from Macken Street with a mix of cafes, restaurants.

Grand Canal Square and Dock is only a short walking distance from the subject property and the Wake Dock provides a mix of water sports to include Stand Up Paddel Board, Sea Kayaking, Wind Surfing, wake boarding and water skiing.

The property is within a few minutes walking distance from the Grand Canal Dock DART / Train Station, Trinity College and the Calatrava Bridge, which links the south Docks to the Irish Financial Services Centre.

There is steady footfall and traffic along Macken Street from the DART to the IFSC, Macken Street is also one of the main arterial routes from the north inner city and the IFSC to south Dublin city and the south east suburbs

Trinity College is only a few minutes’ walk from the site and there are a host of cafes located nearby including KC Peaches, Il Valentino, Charlotte Quay restaurant,

There is also a Dublinbike rack station less than 200 metres to the east of the site on Grand Canal Quay beside the Grand Canal Bridge.

There is a growing demand for office space in this area from IT, design and legal companies that want to locate within walking distance from Twitter, Facebook & Google. Office and residential rents have continued to rise in this immediate area as a direct result of this strong office take up.

The surrounding area is mixed in character with existing apartment blocks and a mixture of new office buildings that are popping up amongst the older mixed use buildings along Pearse Street and the adjoining side streets.

 

Second Floor   56.9

First Floor         76.1 sq.m.

Ground Floor     83.4 sq.m.

Total                  216.4

 

Extract from myplan.ie

Description

This very high profile Live-work building is located on a small infill site on the corner of Macken Street and Pearse Street and benefits from a long east facing façade with excellent natural light and a roof top terrace.

 

The building has been designed by HKR Architects to make the most of the in-fill site and orientation to provide bright and spacious office space, living accommodation with a large ground floor showroom with full floor to ceiling height windows and entrance plus a roof top terrace area at third floor level.

 

There are bathrooms on each floor as well as a high profile entrance, prominent showroom on the ground floor that may suit a variety of uses Subject to Planning Permission e.g. bank, auctioneers, solicitors office, accountants, café to name a few uses.

 

first and second floor offices/ living space are wrapped with louvres

There is already a precedence for 5 storey buildings on the street and there may be potential for a landmark 5 – 7 storey building on this site given that it is a high profile corner site is in front of 5 storey apartments. The new apartment guidelines may also assist by allowing greater development height and smaller units in the development.

We have been provided with floor plans and a Computer Generated Image for a modern 6 storey office building on this site, which is available upon request.

 

Site Area

The site area is approximately 0.0107 Hectares  acres / 0.0264 Acres – 107 sq.m.

 

Development Contributions

€12,288.71 Planning Authority

€4,413   LUAS C1

 

Services

We understand that all mains services are available to the property. However, interested parties are required to satisfy themselves as to the adequacy of all services.

 

Title

We understand the property is held Freehold.

 

Building Energy Rating (BER)

BER exempt