Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Advertisement

Planning approval given for Dublin's tallest office building

‘The Exo’ is set to change the capital’s skyline.

6025_V09 IN_2015-09-09_PRESS Source: Savills

PLANNING PERMISSION HAS been given for the tallest office building in Dublin.

Construction of ‘The EXO’ – a 73-metre high structure that will sit alongside the 3Arena in Dublin’s Dockland – has today been given the green light by Dublin City Council and An Bord Pleanála.

The commercial building will bring a total of 224,500 sq. ft. of new office space to the centre of Dublin, with enough room to accommodate up to 2,000 workers.

Its planning application has been funded by Nama as part of its commitment to deliver a new development within the Dockland’s Strategic Development Zone (SDZ).

6025_V01Z_2015-06-27_PRESS

Speaking today, Stephen Tennant – one of the joint receivers from Grant Thornton – said:

The SDZ process introduced by Dublin City Council and An Bord Pleanála has enabled us to secure approval for The EXO in just over 6 months, which proves the initiative is working.

The building has been designed by Irish architectural practice Shay Cleary Architects and has been built to keep in harmony with the wider design of the docklands.

6025_V04_2015-06-27_PRESS

Construction is set to take place over the next two years and around 350 jobs will be created while this is underway. Overall, development of the building will cost around €80 million.

Commenting about today’s sale, chairman of Savills Roland O’Connell – who are acting joint letting agents in the sale – said:

The Point Village has witnessed a significant increase in footfall over the past few years. As a result, numerous high-profile office occupiers and retailers have been enquiring about accommodation at the Point Village.

Read: This VERY swanky new building is coming to Dublin 4

Also: “This Dublin office building has sold for €51 million”

Read next:

COMMENTS (94)