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U2 visitor centre gets go-ahead for Grand Canal Quay: 5 things to know in property this week

Plus, US tech giant Salesforce reckons our housing crisis will ease by 2021.

EACH AND EVERY week, we put together a round-up of the week’s biggest property news stories around Ireland.

Stay on the real estate pulse with our five-minute digest, featuring the vital news from the week just gone.

This week, repairs to Dublin water mains may cause disruption at the weekend – and Facebook has plans to upgrade its Dublin 4 offices. 

1. U2 ‘find what they’re looking for’ with Dublin visitor centre 

U2 BACK IN DUBLIN AO9Z7652_90557967 Bono performing with U2 at Dublin's 3Arena in November 2018. Source: Leon Farrell

U2 has received the green light for the band’s visitor centre planned for Dublin’s Docklands. This follows Dublin City Council granting planning permission for the Grand Canal Quay centre, which is expected to attract 390,000 U2 fans annually.

The proposal has faced strong local objections but the planner’s report states that the proposal “would not injure the amenity of property in the vicinity”. The City Council gave the centre the go-ahead after U2 and McKillen significantly reduced the height of its planned visitor centre in response to ‘serious concerns’ expressed by the City Council last August.

2. Repairs to Dublin water mains may cause disruption this weekend

shutterstock_446764681 Source: Shutterstock/michaelheim

Repairs to water mains may cause disruption to supply in parts of Dublin over the weekend. Irish Water and Dublin City Council have advised customers that essential repairs will be carried out on the trunk water main on the Stillorgan Road, Donnybrook.

As a result there will likely be disruption to the water supply in parts of Dublin city and Dún Laoghaire-Rathdown from midnight on Friday until Saturday evening. During these planned repair works, homes and businesses in these areas may be impacted by reduced pressure and water outages. 

3. Major offshore windfarm to begin operating in the early-2020s

shutterstock_120794734 Source: Shutterstock/Jesus Keller

Plans for a major offshore windfarm to begin operating in the early-2020s off the coast of Louth have been welcomed by a number of councillors. 

When up and running, the windfarm will generate enough capacity to supply electricity to around 280,000 households, most of the population in Louth and Meath. The ESB is to acquire up to 35% of the Oriel project, which is located in the Irish Sea off the coast of Dundalk.

4. Facebook granted permission for upgrades to Dublin 4 campus

dcc Source: DCC

As it announces plans to hire more staff for its Irish operation, Facebook has also received the all-clear to make a number of upgrades to its new Dublin campus in Dublin 4. The tech firm’s main international office is currently based in Dublin’s ‘Silicon Docks’, but last year Facebook revealed it would relocate just over 2,000 of its Dublin-based workers to a new campus in Dublin 4.

After announcing its plans to take up the lease on the Dublin 4 property, planning permission was filed by developers to make a number of changes to the property. Its applications were largely approved by Dublin council, with some elements of the new developments proposed slightly downsized by the local authority.

5. Salesforce thinks the housing crisis will ease by 2021

32939560705_61b9306e27_z Source: William Murphy

US tech giant Salesforce is confident that Ireland’s housing crisis will have waned by the time its new offices in Dublin’s North Wall Quay are fully operational.  This week, the enterprise software firm unveiled plans for its new base in the capital, dubbed Salesforce Tower Dublin, which will see an anticipated 1,500 new jobs added to its payroll over the next five years.

The office is set to open its doors in 2021. David Dempsey, Salesforce’s Ireland country leader, said that the company hasn’t had any talks with the government about the housing issue. He added that Salesforce is “confident that this will resolve over time” and it hadn’t been lobbying on the issues of housing or rents. 

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